Stop Labor’s Death Tax
Anthony Albanese buried a 30% inheritance tax in the Budget papers and hoped nobody would notice.
Now Australians are finding out the truth.
Labor’s Budget of broken promises attacks aspiration with:
- Higher taxes on investment
- Higher taxes on savings
- Higher taxes on housing
- Higher taxes on small business
Labor is also coming after family inheritances.
Hidden in the budget papers is also a 30% inheritance tax by stealth – targeting popular family trust structures used by everyday Australians to save, invest, and pass on assets to their children.
Labor buried this deep in the Budget papers hoping no one would notice.
Labor’s so-called “intergenerational fairness” agenda is turning into an intergenerational tax grab.
Families who work hard, save hard, and invest for their future are being punished.
Young Australians already struggling to buy a home are now being told Labor wants a cut of their investments, their savings, and eventually their inheritance too.
Enough is enough.
Sign the petition to demand Labor:
- Scrap the hidden 30% death tax
- Rule out any future inheritance taxes
- Stop attacking Australian families and aspiration
Australians who work hard and save for their children should not be punished with new taxes buried in Budget papers.
Labor must come clean about its plans and rule out any future death taxes in full.
Sign the petition today.