Abbott Announces Plans To Scrap Income Tax*

tony abbott to scrap income tax

Australian Prime Minister Tony Abbott today laid out plans to remove all income tax, an extraordinary move which could save Australian families thousands of dollars a year.

“We said before the election that we would reduce the tax burden on Australians, and that is what we are now doing. In fact we’re removing tax altogether” Mr Abbott said. The PM said the changes would not affect the Government’s plans to deliver its spending promises.

In an unrelated announcement Mr Abbott said the Government would introduce a new income levy as part of the upcoming budget. The levy would have approximately the same levels as the current income tax scheme.

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12 Comments

  1. Michael

    April 30, 2014 at 4:16 pm

    Is this his way of getting rid of tax returnes. Or would he have income levy returns?

    • Tony Gurnett

      April 30, 2014 at 11:33 pm

      And when the levee breaks…

  2. Seamus

    May 1, 2014 at 7:40 am

    Why not a system of Tithes? It is consistent with ‘Mad Monk’ ideology.

  3. jedics

    May 1, 2014 at 6:37 pm

    someone assassinate him already !

    • Pete

      May 9, 2014 at 7:28 pm

      They’ve tried. The bullets keep passing through his empty head and how do you hit the heart of a politician?

      • h

        May 16, 2014 at 9:46 am

        with an electron microscope?

  4. Nicci Maddison

    May 1, 2014 at 7:05 pm

    A rose by any other name?

  5. ange

    May 2, 2014 at 9:54 am

    Drove my Chevvy to the levy….

  6. Alexandra

    May 5, 2014 at 12:14 pm

    A rose by any other name would cost just as much

  7. Chris

    May 5, 2014 at 4:41 pm

    In a related story, Tony Abbott has announced that the budget will return to surplus by a new incentive where citizens are encouraged to steal money and other valuables from the elderly and disabled, claiming “why does a blind guy need a 42 inch TV? If he’s not using it, it might as well be yours, not like he can even give a description anyway.” Labour has slammed the plan, saying “well if they get robbed, how will they be able to get to the voting booth to support us?”

  8. Mark

    May 9, 2014 at 2:31 pm

    I’ve heard the 10% paid on top of goods and services is to be replaced by a Goods and services levy ( GSL) of 10%

  9. Michael Weston

    May 11, 2014 at 9:06 am

    Ok so get rid of income tax and then replace with a levy? so everyone will pay the same percentage of levy? Then the rich get richer. Good idea, look how well focusing the wealth into the top couple of percent of earners in the population is working for the USA.