Tuesday, April 23, 2019
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Australia’s Treasurer Vows to Roll Back Tax Changes If Elected in May

Until quite recently, Australia had one of the most progressive taxation systems in the world, but Labour won out on Super Saturday’s byelections and now the average worker is going to pay the same rate as those making almost a quarter of a million in wages. Treasurer Scott Morrison MP who won the ballot to be the next Prime Minister finds to be a travesty of justice. He has vowed to fight Labour on this change in tax policy at the next election in May of 2019.

Morrison Says the Upheaval Was Based on Lies

The Honourable Scott Morrison states emphatically that the change in taxation policy slid by based on lies propagated by Labour’s Bill Shorten. In fact, Morrison’s statement left nothing to the imagination when he declared that his opponent is “full of hot air and lies.” He went on to say that Australians deserve to keep more of the money they work so hard to earn and that 94 per cent of Australians who are doing better should not be penalised for doing so.

How DO Australians Feel?

While many taxpayers simply struggle to figure out how to lodge their taxes, the government is still fighting over who should pay what. With Morrison defending tax cuts for businesses while demanding low earners pay the same rates as high earners, it’s not unrealistic to think that the average worker doesn’t see things his way. In an article in the UK’s guardian, Tony Abbot is said to have “pressured government” to drop the planned reduction in corporate taxes, but that also passed in the byelections much to his chagrin. Again, it isn’t a far stretch of the imagination to assume that the average Australian isn’t happy about corporations getting tax cuts while they are asked to pay the same percentages as those in the higher earnings range.

May Isn’t as Far Away as You Think

While most people are just now beginning to organise the first half of this year’s receipts and invoices for next year’s lodging date in late February, it’s probably also time to start thinking about what some of these changes mean to the common worker. You will be filing your tax return, probably online to reduce the cost of doing so, while those who earn wages up to five times higher than yours only pay the same rates, and that is something you are asked to keep in mind.

As the old saying goes, you can’t please everyone all of the time, but when you displease the majority, you can assume there will be a major upset in government. Only time will tell if the word gets out to voters that government seems to be siding with big money, but until May, no one will know for sure. The outcome of the election will indicate how Australians feel about these changes that went into effect in July, but until that time, remember, May isn’t so far away. Stay informed so that you vote with a clear conscience.

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