The Macarthur Greens have slammed Federal Treasurer Scott Morrison and the Turnbull government for backing a proposal for a $36 billion hike of the Goods and Services Tax (GST) to fund a cut to corporate tax.
The plan would raise GST to 15 percent and extend it to cover fresh food, education, and healthcare, while slashing corporate profit tax from 30 to 22 percent.
“The GST is a regressive tax that hits the poor and struggling families the hardest,’’ hit out Greens candidate for Macarthur Ben Moroney.
“Shifting the tax burden onto ordinary people and off the big companies making billions in profits is just one more example of who’s really pulling the strings in the Liberal Party.
“Tax disclosures won by the Greens in the Senate revealed that 579 major Australian companies paid zero tax last year – and Morrison’s response is to cut corporate taxes even further and force ordinary people to fork out to cover the cost.
“The Liberals have clearly learned nothing from the fallout of Abbott’s horror budgets, and are still trying to find ways to fund free rides for their corporate mates courtesy of the taxpayer.
“[Liberal Party MP in Macarthur] Russell Matheson needs to take a good, hard look at whether he represents his electorate or his party donors, or a 10 percent hike to his own grocery bill is going to be the least of his worries.
[social_quote duplicate=”no” align=”default”]“The Greens oppose the GST and will fight any attempt to raise it,’’ Mr Moroney said.[/social_quote]
“If the Government wants to talk about raising revenue to fund the public services people expect, and we welcome that discussion, then they can start by talking about forcing corporations and the ultra-wealthy to pay their fair share.”