Tax cuts

The Family Party is aiming to work towards a lower, flatter tax structure. This means as you earn more money, you don’t get penalised as heavily as your income moves into higher tax brackets.

But whenever you propose anything like this, people complain that you are giving more money to the rich than you are to the poor. Well, that is completely untrue. The rich pay the majority of the tax take anyway, you are just allowing them to keep a little bit more of their own money. But this is easy to forget.

Homepaddock has an excellent illustration that I would encourage you to read here, that shows who is actually benefiting from our tax system. It is most certainly the poor, and no tax cuts for the “rich” will change that.

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