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Labor must end the tax cuts arms race: Greens

Adam Bandt 23 Apr 2016

In response to reports today the government will cut company and income taxes in the upcoming Budget, Greens Treasury spokesperson Adam Bandt MP called on Labor to rule out cutting taxes in the upcoming Budget and election.

"Now is not the time for tax cuts. We are facing a revenue crisis in this country. Our schools, hospitals and infrastructure are under pressure and in desperate need of investment," Mr Bandt said.

"The Greens will not support tax cuts in the upcoming Budget or the election."

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Greens push Labor to keep deficit levy

Adam Bandt 21 Apr 2016

Greens Treasury spokesperson Adam Bandt MP today said the Greens have forced Labor to consider making the deficit levy permanent and called on both Labor and the government to commit to making the deficit levy permanent, as well as establishing a millionaire’s tax.

“For a while now, the Greens have been calling to make the deficit levy permanent, and now finally Labor is on board,” Mr Bandt said.

“I welcome Bill Shorten confirming that Labor will consider making the deficit levy permanent.”

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Cautious welcome as government adopts Greens super plan: Bandt

Adam Bandt 20 Apr 2016

In response to reports the government is set to lower superannuation tax concessions for people earning over $180,000, Greens Treasury spokesperson Adam Bandt MP cautiously welcomed the government moving to adopt parts of the Greens' superannuation policy but said the party was not ready to commit to passing the government's plan in the Senate without knowing more.

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Tobacco tax rise should not fund tax cuts: Bandt

Adam Bandt 15 Apr 2016

Greens Treasury spokesperson Adam Bandt MP today said if the government is looking to put up the price of cigarettes, they should use that money to invest in areas like hospitals and medical research, not to give big business and the very wealthy a tax cut.

“Putting up the price of cigarettes to stop people smoking and to fund health or medical research is fundamentally a good idea. Putting up the price of cigarettes just so you can give the likes of Gina Rinehart a tax cut is fundamentally unfair,” Mr Bandt said.

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Labor must end the tax cuts arms race this election: Greens

Adam Bandt 14 Apr 2016

In response to the open letter signed by 50 eminent Australians calling on the government to not cut taxes, Greens Treasury spokesperson Adam Bandt MP today called on Labor to rule out cutting taxes in the upcoming Budget and election.

“Fifty eminent Australians have backed the Greens’ call to block tax cuts in the upcoming Budget and election,” Mr Bandt said.

“Real tax reform starts at the top, not the bottom. The Greens will not support tax cuts in the upcoming Budget or the election.”

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Income tax proposal a cop out

The Liberals are proving they're not up to the task of tax reform, again dumping their budget problems on state and territory governments, the Australian Greens have said.

"The Turnbull Government doesn't have the ticker to take on any difficult areas of reform so it's looking for an easy way out," said Greens Leader Richard Di Natale.

"Instead of having the courage to take on unfair tax breaks like negative gearing, capital gains tax and fossil fuel subsidies, the PM is surrendering on real reform.

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Greens to oppose income tax cuts & company tax cuts for big business

Adam Bandt 23 Mar 2016

“The Greens will not support income tax cuts in the upcoming Budget,” Greens Treasury spokesperson Adam Bandt said.

“The Treasurer has talked up the issue of 'bracket creep' and hasn’t ruled out income tax cuts."

“Instead of frittering away billions of dollars on $5 a week tax cuts for above average income earners, we should use that money for schools, hospitals and infrastructure.”

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Greens will oppose company tax cut for big business

Adam Bandt 22 Mar 2016

Greens Treasury spokesperson Adam Bandt MP today announced that the Greens will not support any cut to the company tax rate for big business.

“The Greens will not support any attempt to cut the company tax rate for big business,” Mr Bandt said.

“If Malcolm Turnbull and Scott Morrison want to make big businesses pay even less tax, they will need to get the support of the Labor Party.”

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ATO tax data strengthens case for ending unfair tax breaks in Budget: Greens

Adam Bandt 22 Mar 2016

Data released by the Australian Tax Office today on how much Australia’s richest companies paid in tax strengthens the case for the government to end unfair tax breaks in the upcoming Budget, Greens Treasury spokesperson Adam Bandt has said.

“The amount of tax our richest companies have paid has been made public today thanks to the Greens,” Mr Bandt said.

“Today we have found out that almost 100 of Australia’s richest companies paid absolutely no company tax.”

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Turnbull tax tinkerer, not reformer: Greens

Adam Bandt 25 Feb 2016

Greens Treasury spokesperson Adam Bandt MP today said reports that Prime Minister Malcolm Turnbull is backing down from tax reform and instead will only tinker with caps on superannuation contributions and negative gearing shows that he has squibbed it on tax reform.

“Malcolm Turnbull has squibbed it on tax reform,” Mr Bandt said.

“Instead of making sweeping reforms that would end unfair tax breaks and bring in much-needed revenue for our schools, hospitals and services, Malcolm Turnbull looks set to only tinker at the edges.”

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