Lower Taxes

Fewer Taxes and Lower Taxes

Australians pay far too much tax. Taxes reduce the incentive to work and they make it harder for people to save and invest.

People want to work when they can keep the fruits of their labour. They want to improve their lives and when they do, they improve the lives of those around them.

The Liberal Democrats would cut income taxes significantly. This would leave working Australians with more money in their pocket and make them less reliant on government assistance.

Our tax plan is fully costed and details are avaliable in our alternative budget.

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Signing here helps us keep in contact with you and lets us know that you care about lower taxes.

The Liberal Democrats would raise the tax free threshold from $18,200 to $40,000. This would ensure that all working Australians would pay less tax.

Raising the tax free threshold provides the most benefit to those on lower incomes. This makes it easier for people save money and helps prevent welfare dependancy.

A sizeable tax-free threshold also reduces instances where an individual pays tax while also recieving government benefits.

Australia's current tax schedule punishes both effort and success. Employees who work more hours and households on a single income pay a higher tax rate than employees who work fewer hours and households with multiple income earners.

A flat tax, on the other hand, is proportionate. It still demands that those who have more, pay more, but it doesn't punish effort or success.

At the same time, keeping the tax rate low ensures Australians keep more of their own money. This makes them less dependant of government handouts and gives them more control over their finances.

The Liberal Democrats love tax cuts. Our tax plan is fully costed and would leave working Australians tens of thousands of dollars better off.

Tax cuts on this scale require significant reductions in government spending and we understand that this can make some people a little nervous.

Our budget does not suggest the removal of welfare or healthcare safety nets from the poor. Tax cuts leave working Australians with more money in their pockets so they'll be less dependant on government services in the first place.

Signing here helps us keep in contact with you and lets us know that you care about lower taxes.