Angus Taylor distances Coalition from tax cuts in budget reply
Here is a bit more of what Angus Taylor had to say today about the tax cuts.
He told Sydney radio 2GB:
They’re an election bribe, not a tax cut. They are a cruel hoax on the Australian people, where what we really need is an economy that works for hardworking Australians. We’ve seen the biggest collapse in our standard of living since the records began actually, in the 1950s. Worse than any of our peer countries across the world and what we get from Labor is the answer is 70 cents a day in a year’s time. I mean, seriously, what can you buy with 70 cents? I mean, not much, a few lollies maybe? I don’t know, but the truth is that Labor has failed us on the economy. The answer to this is strong economic management. That means beating inflation, boosting growth, fixing our housing supply, balancing housing with immigration, delivering affordable, reliable energy. We know how to do these things. It’s getting back to basics, to get back on track, but you won’t get that under Labor.
And asked what he would do he said:
What we need is standard of living relief, cost of living relief. We need a genuine underlying a solution to the problem rather than just another band aid on a bullet wound, and that that will continue to be our focus.
He promised that on Thursday, when he does his budget in reply speech, Peter Dutton will deal “with the underlying problems here, delivering affordable, reliable energy”.
And then asked: ‘so no tax cuts” said:
We need to balance immigration with our housing supply (this is just a random line – not at all related to the questions), and on tax, the best way to make sure people don’t pay more tax is to beat inflation because we’ve seen the average Australian pay $3,500 more in personal income tax despite the so called ‘tax cuts’. Well, these aren’t real tax cuts, let’s be clear, because people are paying more tax because inflation has been too high under Labor.
Which appears to be a very different thing to what he was saying last night, when he was saying that the Coalition supported tax cuts, but not these tax cuts (which the Coalition followed through on by not voting for the Labor tax cuts today).
The thing is, as Grog’s has pointed out numerous times, the $3,500 that Taylor is talking about there is because a) we have had pay rises and therefore are earning more and as a result are paying more in tax and b) the loss of the low and middle income tax offset that the COALITION PHASED OUT.
People aren’t paying more tax because of inflation. They are not paying more tax because of migration. They are not paying more tax because of energy prices (the Coalition also voted against the rebates). They are paying more tax because of PAY RISES and THE COALITION PHASE OUT OF THE LMITO.
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