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Three new Labor taxes celebrate their third birthday
Labor taxes' anniversary.
By Portal Admin - 5th May 2019 - Back to News
On this day three years ago the Andrews Labor Government delivered a budget that slammed Victorians with three new taxes.
One of those new taxes was a $252 million tax grab that was instrumental in closing the Hazelwood power station resulting in sky-rocketing electricity prices for Victorian home owners and businesses.
On 27 April 2016, the Andrews Labor Government's budget included the following three new taxes:
- Absentee landowner surcharge - subsequently tripled in 2017;
- Brown Coal Royalty; and
- Land transfer duty surcharge on foreign buyers of residential property was doubled.
These three new taxes have not only hurt Victorians in the hip pocket, they are a clear broken promise from Daniel Andrews.
Labor has deliberately hidden their Budget until after the Federal Election. Victorians need to brace themselves for even more taxation pain.
On the night before the 2014 election, Daniel Andrews was interviewed on Seven News by Peter Mitchell and gave a guarantee that he would not increase or introduce new taxes.
Peter Mitchell: "Daniel Andrews, all the polls say you will be Victoria's next Premier. If you are, do you promise Victorians here tonight that you will not increase taxes or introduce any new taxes?"
Daniel Andrews: "I make that promise, Peter, to every single Victorian."
Instead, Daniel Andrews is now the highest taxing Premier in Victorian history, his 12 new or increased taxes have seen Victorians tax bills increase by 35 per cent since he was elected. Despite this he is still choosing to double debt in just five years.
Average household electricity bills are up hundreds of dollars a year, road tolls are up, public transport fares are up, housing costs are up and taxes are up.
Labor are addicted to new and higher taxes because when they run out of money, they always come after taxpayers for more.
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