In 2018, tobacco excise on cigarettes rose by 12.5%, from 71 cents to 81 cents per cigarette. That means a 30-pack of Winfield Blues carries $24.30 worth of excise. Senator Leyonhjelm describes this as a “huge, cruel” tax rise that will make low income, addicted smokers worse off. The government will continue with this 12.5% annual increases in tobacco excise, raising the cost of a pack of cigarettes to $40 in 2020.
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It's time to rethink immigration
Income tax is by far the most expensive tax and a lot of it gets wasted. Governments don't spend money wisely because they aren't spending their own money, they're spending yours.
While both major parties have recognised that our tax levels are far too high, they've made only piecemeal promises when it comes to easing the tax burden.
The Liberal Democrats will raise the tax free threshold from $18,200 to $40,000 and lower all subsequent rates to just 20%. That's a huge tax cut for everyone.
Alcohol and tobacco taxes are intended to control your behaviour. They raise the cost of living and they punish people who aren't hurting anyone else.
Some may argue that these taxes recoup the costs that these substances incur on the health system. Even if a socialised healthcare system were a good justification for controlling your health decisions, these taxes bring in 17 times more than the purported health costs.
The Liberal Democrats will abolish alcohol and tobacco taxes and oppose any new sin-taxes. The government should not try to control our lifestyle choices.
GST is supposed to exclude essentials but that doesn't stop the government applying it to electiricity and tampons.
Other parties talk a great deal about lowering energy prices but they still haven't taken the first step, which is removing taxes on electricity!
The tampon tax has been abused to signal feminist virtues in an effort to buy womens' votes. For the Liberal Democrats, this isn't just signalling, we really do want to lower taxes.