About 61,000 workers in Mayo will be better off under Labor’s plan for bigger, better and fairer income tax cuts than they would be under the Liberals.
 
A Shorten Labor Government will prioritise permanent tax relief for low- and middle-income earners in communities like Mayo and across the country.
 
Labor’s plan will see those earning up to $125,000 a year better off when compared to the Liberals’ plan over the next four years.
 
Under the Liberals, workers in Mayo get a smaller tax cut and cuts to their local schools and hospitals.
 
Unlike the Liberals, our company tax plan is targeted towards local businesses. Our Australian Investment Guarantee will benefit almost 12,000 local businesses in Mayo, and 2.2 million across the country.
 
Under Labor’s plan, local businesses will be able to immediately deduct 20 per cent of any new eligible asset worth more than $20,000 – a permanent change that will support local businesses to expand and grow.
 
99.8 per cent of Australian companies will either pay the same or less tax under Labor than the Liberals.
 
Most of Turnbull’s tax giveaway will spray around overseas in the form of executive bonuses, share buybacks and puffed-up dividends.
 
The Liberals’ plan will see the big four banks share in a $17 billion windfall.
 
Labor is backing workers and small businesses in Mayo and right across the country.
 
Turnbull is fighting for tax handouts for the top end of town, which will flow into the pockets of millionaires and multinationals who need them the least.