The Coalition does not support Labor’s $1.8 billion hit on the car industry. If elected, a Coalition government will not proceed with these changes. Labor’s tax hike will cost 320,000 Australians an average of $1,400 per year. The decision, made without any consultation, has already damaged the car industry. It appears to be yet another Kevin Rudd rush-job. Mr Rudd is all talk and no action, but when he finally does act he ends up destroying people’s jobs. It is estimated that 35 per cent of all salary packaged vehicles are made by local manufacturers Toyota, Ford and Holden. This means even more pressure on local jobs in South Australia and Geelong as well as in car dealerships across Australia. Even South Australian Labor Premier Jay Weatherill has said it is “a bad decision”. For an industry still reeling from the impacts of Labor’s carbon tax, this bad decision has come at the worst possible time. This decision is not just a hit on the car industry, but on thousands of Australians who have work-provided cars or who have salary packaged vehicles. It is estimated by industry that 75 per cent of drivers with salary packaged vehicles earn less than $100,000 - this is another hit on families who are seeking to get ahead and plan their futures with confidence. There’s been the carbon tax, the changes to the private health insurance rebate, the increased superannuation taxes, increasing child care costs, the loss of promised family payments and now changes to the arrangements for the FBT on cars. The Government has said this permanent change is necessary to pay for its one year change to the carbon tax. I do not accept this argument. The Coalition has already detailed how it will pay for permanently abolishing the carbon tax as well as keeping tax thresholds and fortnightly pension and benefit increases. Our plans do not need a $1.8 billion new tax hike on cars, introduced without warning or consultation. Only the Coalition can be trusted to build a stronger Australia and a better future – for all Australians. Regards, Tony Abbott
Posted on: Fri, 19 Jul 2013 06:58:37 +0000
Recently Viewed Topics
© 2015