Scott Morrisons claims about the Turnbull Government being low taxing have been totally discredited with a new report suggesting that taxing is doing the Budget repair heaving lifting on a ratio of 5:1 with spending cuts.

This is hardly surprising as the Government seeks to push through its $44 billion hike in income taxes for low and middle income earners through the Parliament.

The Deloitte Budget Monitor is the latest economic report that suggests the Budget has been underpinned by optimistic economic forecasts, forecasting a wafer thin surplus for 2020-21.

Fiscal drag is a function of wage growth, and wage growth remains likely to lag the official forecasts for it. [page 70]

The report also finds that 44 per cent of the increase in national income will help prop up the Turnbull Governments Budget over the next four years.

This follows a recent report from the independent Parliamentary Budget Office which showed the average tax rate for individuals in every quintile rising from 2017-18 to 2021-22.

The PBO states in its report that in addition to the effect of nominal income growth average tax rates are projected to increase due to policy changes, most notably the policy decision to increase the Medicare Levy from 201920.

Scott Morrison is nothing but talk when it comes to taxes it wasnt long ago reducing income tax was the great challenge of our time, but thats been replaced with income tax hikes for low and middle income Australians.

The Liberal Partys priority is pursuing tax giveaways for multinational companies while ensuring low and middle income Australians pay higher income taxes.