{"id":8562,"date":"2020-10-06T21:22:10","date_gmt":"2020-10-06T21:22:10","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=8562"},"modified":"2020-10-06T21:22:10","modified_gmt":"2020-10-06T21:22:10","slug":"senate-must-block-trickle-down-tax-cuts-that-deliver-for-millionaires-while-leaving-millions-behind","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2020\/10\/06\/senate-must-block-trickle-down-tax-cuts-that-deliver-for-millionaires-while-leaving-millions-behind\/","title":{"rendered":"Senate must block trickle-down tax cuts that deliver for millionaires while leaving millions behind"},"content":{"rendered":"<p>The Greens are calling on Labor and the crossbench to block key elements of a terrible trickle-down Budget that spends big but spends badly, said Greens Leader, Adam Bandt MP, and Treasury spokesperson, Nick McKim.<br \/>\nThe Greens said the Budget fails to invest in a green recovery to tackle the climate crisis, grow new industries and create jobs. The budget gives young people the finger and actively engineers a worse world for our children.<br \/>\nThe Greens will also move immediately to overturn the Job Keeper cuts in the Senate on Wednesday. It would cost less to keep JobKeeper going until March 2021 than to bring forward the tax cuts by one year.<br \/>\n<strong>Greens Leader, Adam Bandt MP said:<\/strong><br \/>\n\u201cThis is a Budget for the millionaires, not the million unemployed. Budgets are about choices and this budget chooses to prolong the recession, fuel the climate crisis and leave young people behind,\u201d said Mr Bandt.<br \/>\n\u201cInstead of a green recovery, this Budget is all brown and trickle-down. It spends big, but spends badly.<br \/>\n\u201cTax cuts mean nothing if you don\u2019t have a job. They don\u2019t stimulate the economy, but they\u2019re two thirds of the government\u2019s entire stimulus plan. We\u2019re going into debt to pay for tax cuts for the super-wealthy.<br \/>\n\u201cMillionaires get $2,500, the working poor get $250 and the unemployed get a kick in the teeth.<br \/>\n\u201cLow-income earners\u2019 tax cuts disappear after a year while the wealthy keep theirs\u2019 forever.<br \/>\n\u201cInstead of a genuine Jobs Guarantee that will deliver full employment and meaningful work in clean industries, the government has chosen high unemployment, low government investment and JobSeeker cuts. It will throw young people into cheap and insecure work, while locking in at least 6% unemployment for three years.<br \/>\n\u201cScott Morrison envisions a gas-powered future where 99% of companies get tax breaks but 2 million people don\u2019t have enough work.<br \/>\n\u201cWe\u2019re in a critical decade for climate action, but this Budget gives money to Liberal donors in the coal and gas industry, fast-tracks climate collapse and turbocharges inequality.<br \/>\n\u201cThe Greens are calling on Labor and crossbenchers to block the \u2018tax cuts for millionaires\u2019 package.<br \/>\n\u201cWe will be fighting these handouts to the super-wealthy with everything we\u2019ve got, and we hope Labor joins us in the trenches instead of voting with the Coalition again.<br \/>\n\u201cThe Greens will immediately use our numbers in the Senate to overturn the JobKeeper cuts. We call on Labor and the others make the right choice and join us in taking on this terrible government.<br \/>\n\u201cWe may only get one chance to fix this recession. If we took this Budget\u2019s approach during the Great Depression, we\u2019d still be in it.\u201d<br \/>\nQuotes attributable to Greens Treasury and Economic Justice spokesperson, Senator Nick McKim<br \/>\n\u201cJosh Frydenberg has just given young people the middle finger,&#8221; Senator McKim said.<br \/>\n\u201cWith its investment in climate wrecking new coal and gas, its choice of high unemployment and the shovelling of billions of dollars into corporate welfare, this budget breaks the intergenerational compact.<br \/>\n\u201cScott Morrison has delivered $99 billion a year in handouts to big corporations while leaving millions in poverty and young people facing a climate crisis and a rigged housing market.<br \/>\nThis money should be invested in public housing, renewable energy and high speed rail while delivering free childcare and health.<br \/>\n\u201cThis is a Budget for billionaires and big corporations. The government has failed to make big corporations pay their fair share of tax to help fund the recovery.<br \/>\n\u201cThey\u2019re propping up zombie corporations, while dropping people on JobSeeker back into poverty. Failing businesses get endless compassion, but people out of work are on their own.<br \/>\n\u201cWe need a Green New Deal to get to full employment, tackle the climate crisis and reduce inequality.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Greens are calling on Labor and the crossbench to block key elements of a terrible trickle-down Budget that spends big but spends badly, said Greens Leader, Adam Bandt MP, and Treasury spokesperson, Nick McKim. The Greens said the Budget fails to invest in a green recovery to tackle the climate crisis, grow new industries &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2020\/10\/06\/senate-must-block-trickle-down-tax-cuts-that-deliver-for-millionaires-while-leaving-millions-behind\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Senate must block trickle-down tax cuts that deliver for millionaires while leaving millions behind&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-8562","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/8562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=8562"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/8562\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=8562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=8562"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=8562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}