Federal Member for Dawson, Andrew Willcox, is frustrated with what he’s calling the Federal Government’s “brand-new attack on ten million low and middle-income earners in Australia”.
The Member said the Federal Treasurer Jim Chalmers’ decision to cut the former government’s 2019 Low- and Middle-Income Tax Offset (LMITO) from the 2023 May Budget, is a “tax on ‘Aussie Battlers’.”
The LMITO was originally designed as a one-off payment but was extended through the pandemic by the former Coalition Government.
“I’m appalled at the Albanese Labor Government, who have demonstrated how out of touch they are with everyday Australians by this decision,” Mr Willcox said.
“People in Dawson aren’t any better off since they were in the pandemic, yet Labor think it’s time to put the pressure back on low and middle-income earners.”
“In the last ten months, everyday Australians have faced the biggest cost of living crisis in decades.”
The offsets removal is one of the country’s largest tax increases in history and will leave people earning under $126,000 a year with $1,500 less in their pockets.
Treasurer Jim Chalmers has said that the Federal Government’s work in its first budget had been that of “budget repair”, after the free spending of the previous government – it was more about repairing the public finances.
The backdrop for the revised forecasts and policy deliberations was “natural disasters, a deteriorating global economy, rising inflation and persistent structural pressures on the budget,” Mr Chalmers said.
But Dawson’s MP was unconvinced and said that the new “Battler Tax” won’t solve issues, it will just hurt his constituents, leaving them significantly more hard done by at the end of the next financial year – it’s the “equivalent to two interest rate rises at the same time.”
“Labor used to be for the worker, now they want to tax them to oblivion,” he said.
“I will be standing by the people of Dawson, and strongly opposing this tax.”
Federal Member for Dawson Andrew Willcox says the removal of the low and middle income tax offset is a “tax on ‘Aussie Battlers’”
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