为了建立一个更强大的经济体 - 创造就业机会并保证澳大利亚人依赖的基本服务 - 我们必须确保税收体系不会成为经济增长和对将来信心的拖累。奖勤罚懒，多劳必须多得。
(Deakin选区联邦议员 | 助理财政部长)
Parliament Update 18-21 June 2018
Parliament Update 29-31 May 2018
This week in Parliament the Coalition passed its personal income tax cuts that will see Australians pay less tax.
This is a great result for hard-working Australians who will be given well-earned tax relief.
The 7 year tax plan will provide immediate assistance to low-middle income earners, with 10 million Australians paying less tax in the upcoming financial year.
The first step will deliver tax relief to low and middle income earners to help with cost of living pressures. The low and middle income tax offset will provide tax relief of up to $530 a year to 10 million Australians.
The second step expands tax relief to help protect middle income earners from bracket creep. These changes will include, savings for around 3 million taxpayers anywhere from $135 to $1,350 a year in tax.
The third step finalises the Government's plan for more Australians to pay less tax by making the system simpler. From 1 July 2024, the Government will increase the top threshold of the 32.5 per cent tax bracket from $120,000 to $200,000, removing the 37 per cent tax bracket completely. This will mean that around 94% of all taxpayers won’t face a marginal tax rate higher than 32.5% from that time.
To build a stronger economy – to create jobs and guarantee the essential services that Australians rely on – we must ensure the tax system does not act as a drag on growth and aspiration. There must be reward for effort and incentive to get ahead.
This plan still means those that can afford to pay more tax do, whilst also ensuring that all working Australians hold onto more of their pay packet.
It is because of the Government’s disciplined economic management that we are able to provide tax relief for all Australians.
You can read transcripts or watch videos of my speeches in Parliament by either clicking on the articles below or by visiting www.michaelsukkar.com.au.
The Hon. Michael Sukkar MP
Federal Member for Deakin
Assistant Minister to the Treasurer