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?

  • Geoff Miethe
    signed 2019-07-02 14:15:40 +1000
  • Thomas Ford
    signed 2019-07-02 14:14:21 +1000
  • Kevin Pearson
    signed 2019-07-02 14:13:50 +1000
  • Tyra Smith-Mclauchlan
    signed 2019-07-02 14:12:36 +1000
  • Robert Barnes
    signed 2019-07-02 14:12:00 +1000
  • Richard Bosly-Craft
    signed 2019-07-02 14:11:44 +1000
  • Nick Fisher
    signed 2019-07-02 13:59:56 +1000
  • Gary King
    signed 2019-07-02 13:57:36 +1000
  • tom meagher
    signed 2019-07-02 13:57:10 +1000
  • Steve Griffith
    signed 2019-07-02 13:56:33 +1000
  • Ewan Watson
    signed 2019-07-02 13:51:53 +1000
  • Allan McKay
    signed 2019-07-02 13:49:30 +1000
  • Jenny Newman
    signed 2019-07-02 13:47:48 +1000
  • Hannah Bowling
    signed 2019-07-02 13:41:10 +1000
  • John McCulloch
    signed 2019-07-02 13:37:56 +1000
  • Giovanna Oleni
    signed 2019-07-02 13:37:11 +1000
  • Anne Wood
    signed 2019-07-02 13:31:42 +1000
  • Glen Soward
    signed 2019-07-02 13:27:48 +1000
  • Kevin Tashadow
    signed 2019-07-02 13:17:30 +1000
  • Allan Armand
    signed 2019-07-02 13:12:37 +1000
  • Rachel Haydon
    signed 2019-07-02 13:12:00 +1000
  • Julie Hawken
    signed 2019-07-02 12:59:20 +1000
  • Thomas Coleman
    signed 2019-07-02 12:57:47 +1000
  • Peter Rexeis
    signed 2019-07-02 12:44:47 +1000
  • Barbara Smith
    signed 2019-07-02 12:32:27 +1000
  • Tyler Leggett
    signed 2019-07-02 12:29:21 +1000
  • Richard peter Variakojis
    signed 2019-07-02 12:14:37 +1000
  • Brendan Feore
    signed 2019-07-02 12:14:36 +1000
  • William Cameron
    signed 2019-07-02 12:13:34 +1000