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."

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.

Responding to reports Tony Abbott is planning to make petrol more expensive, Acting Greens Leader, Adam Bandt, said Tony Abbott's refusal to end fuel subsidies for wealthy miners proved the Coalition was siding with big business against everyday Australians.

"Tony Abbott's plan is for people to keep forking out billions each year just so the likes of Gina Rinehart can buy cheap diesel," said Mr Bandt.

"By making people pay more for petrol and GP visits while giving wealthy miners subsidised fuel, Tony Abbott has revealed his new three word slogan: ‘Stuff you, mate'.