- Target:
- Australian Federal & State Politicians
- Region:
- Australia
Companies are the biggest earners in Australia, earning billions of dollars a year.
Currently their top tax rate is 30% and about to drop to 28.5% whereas the top tax rate for people is 45%.
This is unfair and one huge source of untapped revenue for the government.
Companies are separate legal entities from their shareholders and are taxed that way.
There is no reason why individual voters should be taxed at a rate 50% greater than companies.
Companies need all the money they can get, but so do individuals and government.
It is fair for companies and individual voters to pay the same, progressive, tax rates starting at 19% and going to 45% for the higher income earners.
This taps those businesses making millions and billions out of Australian consumers. It helps smaller individual Australians and smaller companies.
No cuts to education, health or pensions before changing company tax from a flat 30% to the personal progressive tax rate of up to 45%.
You can further help this campaign by sponsoring it
The Australians for a Better Budget petition to Australian Federal & State Politicians was written by voters network and is in the category Politics at GoPetition.