Labor should stand up for a fair economy and oppose the Stage 3 upheaval

0

SA Greens Senator Sarah Hanson-Young has joined the Greens’ Senate candidate for the SA in calling on Labor to reverse their support for the Morrison government’s dismantling of Australia’s progressive tax system.

As Senator Sarah Hanson-Young said:

“Liberals and Labor are on a joint ticket when it comes to giving federal politicians a $9,000 tax cut, while minimum wage workers – like those in aged care – don’t get nothing.”

“Why should we give bank CEOs and federal politicians a huge permanent tax cut, when low-wage workers get nothing?”

As Barbara Pocock, Greens Senate candidate for the SA and professor emeritus of economics, put it:

“He doesn’t pass the pub test or an economics 101 course.”

“The Greens will oppose the Stage 3 tax cuts and we call on the opposition to do their job and join us.

“You don’t have to be an economics professor to realize that low-paid workers are more likely than rich people to reinvest their tax cut back into the economy.

“But as an economics professor, it’s obvious to me that it’s not fair and it doesn’t fit. And I think a lot of South Australians who care about a fair course would agree with me.

“The extreme changes under the Stage 3 tax overhaul will bring us closer to a flat tax society like the US and undermine the ‘fair go’ we expect in Australia.”

“If elected to the Senate for SA, I will vote to block and reverse these cuts as a step toward a fairer approach to our tax system.”

Barbara Pocock is a Greens Senate candidate for South Australia and Emeritus Professor of Economics at UniSA Business School.

/Public release. This material from the original organization/authors may be ad hoc in nature, edited for clarity, style and length. The views and opinions expressed are those of the author or authors. See in full here.
Share.

About Author

Comments are closed.