LABOR WILL OPPOSE ABBOTT’S ATTACK ON AUSTRALIAN FAMILIES
May 15, 2014
Labor will oppose Tony Abbott’s plan to cut families off Family Tax Benefit B when their youngest child turns six.
Under Labor, these families received Family Tax Benefit B until their children turned 16.
This cut is an attack on single income families.
Many of these families are already struggling to make ends meet. They are already cutting back. They can’t afford Tony Abbott’s new taxes and broken promises.
In addition to having their family payments cut, families will lose their Schoolkids Bonus at the same time as they are slugged with new taxes when they visit the GP and when they fill up the car.
This budget is a major hit to family budgets.
These changes will leave a single income family with two children aged 5 and 12 years, on an income of less than $100,000 per year, worse off by up to $5,000 each year.
Labor will oppose Tony Abbott’s attempts to put more pressure on the budgets of millions of families, which will hit low income families the hardest.
Low and middle income families shouldn’t have to foot the bill for Tony Abbott’s deceit.
THURSDAY, 15 MAY 2014