Stop Labor’s Taxes
On housing, investments, small business and inheritances.
Labor can’t manage money, which is why they come after yours.
Labor’s Budget is an assault on aspiration.
By increasing capital gains tax, removing negative gearing and increasing taxes on discretionary trusts, Labor is hiking taxes on:
- Housing: Even Labor’s budget papers show fewer homes and higher rents, because of higher taxes on Australians who invest in property.
- Savings and Investments: If you invest in shares, maybe to save for a home deposit or for your future, Labor wants to tax you more (higher capital gains).
- Small businesses: If you build a business and sell it within 15 years, Labor’s capital gains tax changes mean you could be taxed more on what you built.
- Inheritances: Even parents who provide for disabled children with a discretionary trust will get hit.
Labor’s high inflation also means higher tax on incomes, as workers get pushed into higher tax brackets.
Labor’s new taxes hurt Australians who work hard, take a risk to start a business, or save and invest for their future.
Sign our petition to stop them.
The Coalition will fight Labor’s taxes. If they become law, we will repeal them.
Join our fight and sign our petition today.