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?

  • Iwan Daniels
    signed 2019-07-02 16:35:36 +1000
  • Rick Parkes
    signed 2019-07-02 16:33:22 +1000
  • Brian Guinan
    signed 2019-07-02 16:30:28 +1000
  • Valerie Miller
    signed 2019-07-02 16:28:01 +1000
  • Kirsten Mitchell
    signed 2019-07-02 16:26:47 +1000
  • Calogero Panvino
    signed 2019-07-02 16:19:16 +1000
  • Philip Prior
    signed 2019-07-02 15:53:32 +1000
  • Liz Wilkes
    signed 2019-07-02 15:52:27 +1000
  • Graeme Dobson
    signed 2019-07-02 15:40:16 +1000
  • Joe Keim
    signed 2019-07-02 15:38:11 +1000
  • Sonya Burey
    signed 2019-07-02 15:28:09 +1000
  • Bruce Mcgilvery
    signed 2019-07-02 15:27:49 +1000
  • Roz Cheney
    signed 2019-07-02 15:25:17 +1000
  • Beverley Blandford
    signed 2019-07-02 15:24:03 +1000
  • Marlon Kilcullen
    signed 2019-07-02 15:22:46 +1000
  • Zach Tybalt
    signed 2019-07-02 15:14:46 +1000
  • Kerry Noda-Milne
    signed 2019-07-02 15:08:49 +1000
  • Caroline Ashmeade
    signed 2019-07-02 15:02:13 +1000
  • Darron Wolf
    signed 2019-07-02 15:01:26 +1000
  • Marie Smit
    signed 2019-07-02 15:00:11 +1000
  • Karina Aldach
    signed 2019-07-02 14:53:18 +1000
  • Rhonda Stock
    signed 2019-07-02 14:48:59 +1000
  • Tom Ballard
    signed 2019-07-02 14:30:01 +1000
  • Owen Davies
    signed 2019-07-02 14:29:54 +1000
  • judith henderson
    signed 2019-07-02 14:29:14 +1000
  • Daniel Collins
    signed 2019-07-02 14:28:34 +1000
  • Peter Helft
    signed 2019-07-02 14:19:20 +1000
  • Arnhem Hunter
    signed 2019-07-02 14:17:12 +1000