A Shorten Labor Government will deliver permanent tax relief for the Australians who need it most ensuring tax relief goes back into the pockets of 10 million middle income and working Australians, not Turnbulls millionaires.

Under the Liberals, working Australians are struggling with soaring cost of living expenses with energy costs higher than ever, health costs higher than ever, and wage growth at record lows.

But Turnbull wants someone on $200,000 to pay the same tax rate as someone on $40,000.

Labor will fight to ensure that low income and working Australians get a fair share rather than the top tax bracket being the largest beneficiary in six years time.

Labors will support tax cuts for 10 million people on the 1^st of July we are ready to vote for them today. And if we are elected, we will almost double these tax cuts and make them permanent while asking those in the top tax bracket to pay a little more to help reduce the debt.

Labors bigger, better and fairer income tax cuts will see those earning up to $125,000 a year better off when compared to Malcolm Turnbulls plan over the next four years.

Labor does not support someone on $200,000 paying the same tax rate as someone on $40,000. We dont agree with Turnbull giving even more tax cuts for the top tax bracket and this is after Turnbull cut their tax rate last year.
Thats why Labor will move amendments in the Senate tothe Treasury Laws Amendment (Personal Income Tax Plan) Bill2018 to ensure the passage of the tax cuts starting on 1 July.

We will seek to implement better, fairer tax cuts through Labors Tax Refund for Working Australians which would double the tax relief to up to $928 per year.

Turnbull needs to stop standing in the way of tax relief for 10 million Australians. Tax cuts for teachers and tradies this year should not be held hostage to tax cuts for bankers in six years.

And if Turnbull doesnt allow passage of tax relief for 10 million Australians before 1 July a Shorten Labor Government will ensure they receive it regardless. The Treasurer himself has conceded that the legislation does not need to be in place by 1 July for the tax relief to be received at the end of next financial year so we will act on Turnbulls failure, make sure they receive this tax relief and lock in our bigger, fairer, tax cut.

The Turnbull Governments priority is for tax cuts for big business and high income earners at a cost to the Budget of a $25 billion a year in ten years time.

Because Labor isnt giving millionaires another tax cut, or giving big business an $80 billion tax handout, we can put more money into the pockets of working Australians, fund better schools and hospitals, and pay down the debt quicker.