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Labor's tax refund for working Australians better for regional QLD



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CHRIS BOWEN MP

SHADOW TREASURER

SHADOW MINISTER FOR SMALL BUSINESS

MEMBER FOR MCMAHON

JIM CHALMERS MP

SHADOW MINISTER FOR FINANCE

MEMBER FOR RANKIN

ANTHONY CHISHOLM

SENATOR FOR QUEENSLAND

ZAC BEERS

LABOR CANDIDATE FOR FLYNN

LABOR’S TAX REFUND FOR WORKING AUSTRALIANS BETTER FOR

REGIONAL QLD

Hundreds of thousands of workers across regional Queensland will be better off

under Labor’s plan for bigger, better and fairer income tax cuts.

In the Queensland electorate of Flynn, 58,000 workers will get a bigger tax cut

under Labor than the Liberals, while 49,000 would be better off next door in

Hinkler.

A Shorten Labor Government will prioritise permanent tax relief for working

Australians now - not talk about tax cuts for high-income earners in the never

never.

Under the Liberals, Queenslanders are facing higher cost-of-living pressures with

rising power bills, health costs and record low wages growth.

Malcolm Turnbull’s priority has always been on tax relief for the top end of town -

he gave them a tax cut last year and will again through an expensive and unfair tax

cut in 2024.

Mr Turnbull wants someone paying $200,000 to pay the same marginal rate of tax

as someone on $40,000.

Under the Liberals, working Australians get a smaller tax cut and cuts to schools

and hospitals.

Labor’s plan for bigger, better and fairer income tax cuts will see those earning up

to $125,000 a year better off when compared to the Liberals’ plan over the next

four years.

Labor has already supported tax cuts for 10 million people that start on 1 July, and

if elected, we will almost double these tax cuts - providing up to $928 a year - and

make them permanent

The Turnbull Government’s priority is for tax cuts for big businesses and high- income earners, which will cost the Budget $25 billion a year in 10 years’ time.

Because Labor isn’t giving millionaires another taxcut, or giving big business more

than $80 billion in a tax handout, we can put more money into the pockets of

working Australians, fund better schools and hospitals, and pay down the debt

quicker.

TUESDAY, 3 JULY 2018

MEDIA CONTACTS: JAMES CULLEN (BOWEN) 0409 719 879

NATHAN PAULL (CHALMERS) 0427 532 705

Authorised by Noah Carroll, ALP, Canberra.