Block the expensive and fiscally irresponsible high income tax cuts in the Senate

Part of the Government's unlegislated proposed income tax cuts --Stage 3(a)-- will benefit mostly wealthy people, will cost Australia $95 billion over 5 years, and will erode Australia's progressive tax system. 

These tax cuts do not come into effect until 2024, yet the Government is proposing to rush them through the Parliament in July this year. 

Locking in such expensive long-term tax cuts now is fiscally irresponsible. There is no way of knowing what the economy will look like in 2024 and the economic conditions my be substantially different.

The proposed tax cuts heading for the Senate will happen in three stages. It is the Stage 3(a) tax cuts that are the most unfair and expensive elements of the income tax plan, specifically:

  • This stage decreases the 32.5 per cent personal income tax rate to 30 per cent
  • More than half of the benefit goes to the top 20 per cent of taxpayers
  • These tax cuts will not come into effect until 2024-25 and will cost the budget $95 billion over five years.

These tax cuts will only further entrench inequality in Australia. Furthermore, in a time of sluggish economic growth, low- and middle-income taxpayers are more likely than high-income taxpayers to spend their tax cuts and stimulate the economy, while this tax cut targets high-income taxpayers. 

Add your name to the call on the Senate to block these tax cuts for those on high incomes

We the undersigned urge you to oppose stage 3(a) of the proposed income tax cuts, announced in the 2019 Budget.

Sign on to the petition here --

4,606 signatures

Will you sign?

  • Adrienne Huber
    signed 2019-06-19 10:50:10 +1000
  • Robert Andersen
    signed 2019-06-19 10:50:10 +1000
  • Chris Horrocks
    signed 2019-06-19 10:50:08 +1000
  • Ken Eyre
    signed 2019-06-19 10:50:06 +1000
  • Alan Storer
    signed 2019-06-19 10:50:02 +1000
  • Jacqueline Deacon
    signed 2019-06-19 10:50:00 +1000
  • Paul Martin
    signed 2019-06-19 10:49:50 +1000
  • Kevin McQuillan
    signed 2019-06-19 10:49:50 +1000
  • Luke Reade
    signed 2019-06-19 10:49:50 +1000
  • Chiu Poon
    signed 2019-06-19 10:49:48 +1000
  • John Healy
    signed 2019-06-19 10:49:48 +1000
  • Michael Sharp
    signed 2019-06-19 10:49:47 +1000
  • Beth Seller
    signed 2019-06-19 10:49:46 +1000
  • Alex Matte
    signed 2019-06-19 10:49:36 +1000
  • Olivia Coombe
    signed 2019-06-19 10:49:31 +1000
  • Les Anderson
    signed 2019-06-19 10:49:30 +1000
  • John Mackay
    signed 2019-06-19 10:49:28 +1000
  • Klaus Tomanke
    signed 2019-06-19 10:49:24 +1000
  • Derek Synnott
    signed 2019-06-19 10:49:21 +1000
  • Cameron Raynes
    signed 2019-06-19 10:49:20 +1000
  • Shaun Watson
    signed 2019-06-19 10:49:14 +1000
  • Jonathan Graham
    signed 2019-06-19 10:49:08 +1000
  • Robert & Tipawan King
    signed 2019-06-19 10:49:01 +1000
  • D'Arcy Mayo
    signed 2019-06-19 10:48:57 +1000
  • Andrew Loch
    signed 2019-06-19 10:48:55 +1000
  • peter moylan
    signed 2019-06-19 10:48:52 +1000
  • Kathy Petrik
    signed 2019-06-19 10:48:45 +1000
  • Lachlan Sinclair
    signed 2019-06-19 10:48:40 +1000
  • Val Pither
    signed 2019-06-19 10:48:26 +1000