The Greens are the only party that understands that the economy must work for the benefit of society and not the other way around. We have a progressive plan where tax reform starts at the top by removing unfair tax breaks and wasteful subsidies for polluting industries. Not only will this help address the structural deficit of the budget, but it will force money away from tax sheltered locations like superannuation, housing and mining and into productive areas that will set us up for the new economy and more equitable wealth distribution
The Greens have put a costed plan on the table to raise billions of dollars in revenue to fund our schools, hospitals, services and infrastructure by ending unfair tax breaks that benefit the very wealthy.
Our plan will fairly tax superannuation, end negative gearing and the Capital Gains Tax discount and stop giving billions of dollars to the likes of Gina Rinehart to buy cheaper diesel will bring in $38 billion of revenue over the next four years – much needed funding for schools, hospitals, public transport and support for those who need it most.