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 willprioritise 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.