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?

  • Kate Shield
    signed 2019-07-02 11:28:16 +1000
  • Kerry Silcock
    signed 2019-07-02 11:27:22 +1000
  • Leon Johns
    signed 2019-07-02 11:27:15 +1000
  • Dörte Conroy
    signed 2019-07-02 11:25:53 +1000
  • Christopher Arnott
    signed 2019-07-02 11:22:26 +1000
  • Marie Newton
    signed 2019-07-02 10:41:57 +1000
  • Benjamin Weekes
    signed 2019-07-02 09:29:55 +1000
  • Anthony Lane
    signed 2019-07-02 09:05:50 +1000
  • Jane Robbo
    signed 2019-07-02 08:59:13 +1000
  • Jackie Harvey
    signed 2019-07-02 08:22:03 +1000
  • Lia McCrae-Moore
    signed 2019-07-02 08:09:53 +1000
  • Gail Malone
    signed 2019-07-02 07:36:51 +1000
  • Iain McGhee
    signed 2019-07-02 01:31:26 +1000
  • Hayden Condely
    signed 2019-07-02 01:31:07 +1000
  • Maria Macdonald
    signed 2019-07-02 00:37:50 +1000
  • Samantha Drilon
    signed 2019-07-02 00:20:01 +1000
  • Lynda Lee
    signed 2019-07-01 22:58:44 +1000
  • Leighton Ensor
    signed 2019-07-01 22:47:28 +1000
  • Bronwyn Bell
    signed 2019-07-01 22:18:00 +1000
  • Michael Tull
    signed 2019-07-01 22:09:34 +1000
  • Margot Korbell
    signed 2019-07-01 22:01:23 +1000
  • Jessica Hill
    signed 2019-07-01 21:54:18 +1000
  • Christine Newman
    signed 2019-07-01 21:20:45 +1000
  • Eden Rabatsch
    signed 2019-07-01 21:17:19 +1000
  • Anthony Callinan
    signed 2019-07-01 21:02:14 +1000
  • Pip Carew
    signed 2019-07-01 20:53:54 +1000
  • Miriam Colombo
    signed 2019-07-01 20:52:33 +1000
  • Robert McIntosh
    signed 2019-07-01 20:35:53 +1000
  • Lillian Dwyer
    signed 2019-07-01 20:29:38 +1000