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Axing just 4 unfair tax breaks would plug Budget revenue hole: Greens

Adam Bandt 14 Dec 2015

Greens Treasury spokesperson Adam Bandt MP will today unveil costings on removing just four sets of unfair tax breaks that would cover forecast revenue shortfalls set to be revealed in next week's Mid Year Economic and Fiscal Outlook.

The Budget deficit is expected to be between $33-39 billion worse than expected when MYEFO is released on Tuesday, according to several recent independent forecasts.

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Greens will fight Government attempt to aid corporate tax avoidance

The Australian Greens say Malcolm Turnbull has exposed his true colours by rejecting an Australian Greens amendment that would have increased transparency in corporate tax avoidance.

"Malcolm Turnbull wants to push ahead with cuts to family support and a higher GST but he's not willing to crack down on corporate tax avoidance," said Greens Leader Richard Di Natale.

"The whole game is up. The Turnbull Government has shown today that it will protect the big end of town and slug ordinary people. Tax reform should start at the top, not at the bottom.

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Greens will fight GST hike

Adam Bandt 2 Nov 2015

Greens Treasury spokesperson Adam Bandt MP says the Greens will fight the government's plan to push up the goods and services tax.

"The Greens will fight tooth and nail to stop any GST increase," Mr Bandt said.

"The last 24 hours have confirmed what we have feared for some time. Malcolm Turnbull is testing the waters to see how far he can hike up this regressive tax."

"We accept the Budget has a revenue problem, but there are better ways to raise revenue, such as removing unfair tax breaks for big polluters and the very wealthy."

 

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PM Turnbull’s economic challenge: tackle inequality, global warming

Adam Bandt 17 Sep 2015

The Australian Greens have challenged new Prime Minister Malcolm Turnbull to dump the "nope, nope, nope" attitude of his predecessor when it comes to economic reforms that would reduce wealth inequality and face up to the reality of global warming.

"You can't have a serious economic plan if you've got Tony Abbott's climate policy leading into this election, and that's where Malcolm Turnbull is right now," said Greens Leader Richard Di Natale.

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Greens inquiry calls to unmask corporate tax dodgers

The first report from the Senate Inquiry into Corporate Tax Avoidance, initiated by the Greens, has just been tabled in the Senate. It focuses on the need to expose more dodgy dealings, and the Greens have proposed seven extra recommendations that have been appended to the report, and are attached above.

“Corporate tax dodgers are ripping off Australia and ordinary taxpayers deserve to know,” said Greens Leader Richard Di Natale, who has taken over Christine Milne’s seat on the inquiry.

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Greens release costings for capital gains tax reform

The Australian Greens have today released Parliamentary Budget Office costings that show removing structural unfairness in the tax system through the discount on Capital Gains Tax (CGT) could generate as much as $74 billion over the next ten years, rising to $127 billion when negative gearing reforms that have warped the housing market are taken into account.

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A small-minded budget from a visionless government

Greens Leader Richard Di Natale says the 2015 Budget is a visionless, small-minded document.

"This budget's biggest failure is what isn't there. There's no vision, no direction and no new sources of revenue from the big end of town," Senator Di Natale said.

"To look after people and build a more caring society, we need to raise more revenue, not cut one vital service to fund another.

"This budget takes more money from the pockets of nurses and charity workers than it does the big miners or big banks.

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