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?

  • Nola Scilinato
    signed 2019-07-02 22:07:03 +1000
  • Tully Henchel
    signed 2019-07-02 21:44:09 +1000
  • Matthew Etherington
    signed 2019-07-02 21:32:45 +1000
  • Ilya Popov
    signed 2019-07-02 21:32:41 +1000
  • Peter Jaggle
    signed 2019-07-02 21:22:15 +1000
  • Andrew Hingston
    signed 2019-07-02 21:12:15 +1000
  • Rosemary Blemings
    signed 2019-07-02 19:40:30 +1000
  • Pam Gurner-Hall
    signed 2019-07-02 19:29:26 +1000
  • Tanya Stul
    signed 2019-07-02 19:24:24 +1000
  • William Gray
    signed 2019-07-02 19:11:14 +1000
  • Leonie Wilbow
    signed 2019-07-02 18:56:51 +1000
  • Ignatia Diblasi
    signed 2019-07-02 18:39:09 +1000
  • Wendy Lord
    signed 2019-07-02 18:38:33 +1000
  • Mark Fraser
    signed 2019-07-02 18:37:43 +1000
  • Jarrad Maxwell
    signed 2019-07-02 18:33:32 +1000
  • Christine Matthews
    signed 2019-07-02 18:29:41 +1000
  • Susan Ingelido
    signed 2019-07-02 18:19:04 +1000
  • Mark McPherson
    signed 2019-07-02 18:01:39 +1000
  • Gary Jones
    signed 2019-07-02 17:57:22 +1000
  • Eric Oliver
    signed 2019-07-02 17:51:57 +1000
  • Jeff Irvine
    signed 2019-07-02 17:51:05 +1000
  • Simon McCullough
    signed 2019-07-02 17:40:52 +1000
  • Lorna Morgan
    signed 2019-07-02 17:40:24 +1000
  • Jacqueline Moon
    signed 2019-07-02 17:39:01 +1000
  • Maxine Pratt
    signed 2019-07-02 17:09:46 +1000
  • Daphne Goulter
    signed 2019-07-02 17:08:08 +1000
  • Anthony Aulsebrook
    signed 2019-07-02 17:01:36 +1000
  • Keith Dufty
    signed 2019-07-02 17:01:15 +1000
  • Sue Goodrick
    signed 2019-07-02 16:40:05 +1000
  • David Bretreger
    signed 2019-07-02 16:36:19 +1000