SO many know what it's like to work hard but struggle to make ends meet. It's understandable they are upset about the government's decision to give a $65 billion tax cut to big businesses and multinationals. The Liberals want to take money that could be spent on schools, hospitals, the budget, or easing cost-of-living pressures and give it to big business in the form of a tax cut.
On top of that, the Liberals also want to jack up income taxes by $44 billion on everyone earning more than $21,000, including seven million low- and middle-income earners. It means someone in Logan earning $70,000 will have $350 less in their pocket each year.
Labor announced changes to negative gearing and capital gains taxes, to help make housing more affordable for first-home owners. We've also announced changes to the way superannuation and family trusts are taxed.
This article first appeared in the Albert & Logan News on 7 March 2018.