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Democrats will decide on the tax schedule, once the legislation is debated.



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DEMOCRATS MEDIA 05/275 TUESDAY 24 MAY 2005 DEMOCRATS WILL DECIDE ON THE TAX SCHEDULE, ONCE THE LEGISLATION IS DEBATED SENATOR LYN ALLISON

LEADER OF THE AUSTRALIAN DEMOCRATS

SENATOR ANDREW MURRAY AUSTRALIAN DEMOCRATS SPOKESPERSON ON TAXATION

The Australian Democrats will decide on the future of the tax schedules once the outcome of the tax cuts legislation is known.

"The Democrats agree with Labor that the first priority is to deal with the tax cuts legislation and only after that outcome is known, then to turn to the tax schedule regulations," said Democrats Taxation spokesperson Senator Andrew Murray.

"If a Senator seeks to move a disallowance motion in advance of that debate we will deal with that issue at that time.

"We would prefer to defer consideration of the disallowance until after the legislation has been debated."

There are 15 sitting days in which a disallowance could be considered.

Senator Murray said the Democrat Party Room would meet to discuss the tax schedules in due course.

"We will have two amendments to the legislation, one opposing all tax cuts and raising the tax-free threshold to $10 000 instead. If that is unsuccessful we will split the tax cuts bill into the low income tax cuts and the high income tax cuts. We will then vote for the 17 to 15 cents low-income earners tax cut, and against the rest of the tax cuts," Senator Murray said.

Australian Democrats Leader Senator Lyn Allison said the Party would oppose the Treasurer's Budget Tax Cuts as they stand because they give too much to the highest income earners and too little for ordinary Australians.

Media contact - Katrina McGrath - 0408 056 167