Tuesday 13 November 2018
Enough is enough: time for the Treasurer to come out of hiding
With record numbers of Victorians voting early, it is high time Daniel Andrews and Tim Pallas come clean on their plans for new taxes to pay for their $56 billion in unfunded infrastructure promises.
Tim Pallas must front up for a tax debate this week and explain Labor’s tax plan to Victorians – any place, any time.
For a Treasurer to be MIA from the campaign trail in the way Tim Pallas has been is just extraordinary.
Why is he in hiding? Is he putting the final touches on Labor’s plan to extend Victoria’s lead as the highest taxing state in the country?
We know that Labor will introduce new taxes because their own government documents say so.
When Daniel Andrews announced his Suburban Rail Loop on August 28, he said:
“Value capture opportunities will be required to fund the project.”
Make no mistake, value capture is simply Labor’s code for new taxes.
Modelling commissioned by Daniel Andrews’ handpicked advisers at Infrastructure Victoria lays bare the $12.5 billion in new taxes he will introduce under the guise of ‘value capture’:
- A tax on the family home of $435 per year, every year for thirty years – with no exemptions and no deferrals;
- A property tax on business of $21 per square metre for commercial properties and $10 per square metre for industrial properties;
- Parking taxes to park at local train stations;
- Car registration increases;
- Higher payroll taxes on jobs; and
- Higher public transport fares.
Tim Pallas must front up for a debate and explain:
- Which of these taxes will he introduce?
- When will they commence?
- How much more will Victorians have to pay?
Anything less is treating Victorian voters with utter contempt.