Media Release

23 November 2018

O’Brien: Put your house on it: More new taxes coming under Labor

Friday 23 November 2018

Put your house on it: More new taxes coming under Labor

Labor Treasurer Tim Pallas has confirmed what Victorians already knew: that there will be even more new taxes if Daniel Andrews is re-elected tomorrow.

Speaking with Neil Mitchell on 3AW this morning, Tim Pallas was refreshingly honest about Labor’s plans.

MITCHELL:           A simple answer. Can you guarantee over the next 4 years no increase in taxes ahead of inflation?

PALLAS:               No means no.

MITCHELL:           You can’t guarantee it?

PALLAS:               No.

If Daniel Andrews is re-elected tomorrow, Victorians can bet their house on him introducing even more new taxes to pay for his unfunded election promises.

Government documents reveal Labor will introduce:

  • A tax on the family home of $435 per year – every year for thirty years – with no exemptions and no deferrals;
  • A tax of $3,000 on new apartments;
  • A property levy on commercial businesses of $21 per square metre per year – every year for thirty years – with no exemptions and no deferrals;
  • A property levy on industrial businesses of $10 per square metre per year – every year for thirty years – with no exemptions and no deferrals;
  • Higher car rego fees;
  • Parking taxes at local train station car parks;
  • Higher payroll taxes on jobs; and
  • Public transport tolls.

Despite this, Daniel Andrews still refuses to tell Victorians how much extra they will be forced to pay.

There is a clear choice tomorrow: tax cuts under the Liberal Nationals – or higher debt and even more new taxes under Labor.