Last weekend Kelly O’Dwyer sent out an email to her constituents:
Small business people are angry. Mums and dads are angry. And I’m angry.
Nothing makes fair-minded Australian taxpayers angrier than others not doing the right thing and not paying their fair share.
Too many multinational companies have avoided Australian tax for too long.
But things are changing.
We’ve made real progress in cracking down on multinational tax avoidance by strengthening our laws and doubling penalties for large companies. We’re leading the fight internationally with unprecedented information sharing.
And importantly, we’ve given the ATO the powers and resources it needs to go after the tax cheats.
But I’m still angry and you should be too. While Labor talks about collecting more tax from multinationals, they recently voted to let multinationals off the hook by voting against our new laws.
If we wanted high taxes and the politics of envy, stupidity, and resentment we could have stuck with Wayne Swan and friends. Rather than introducing new taxes on multinationals, the Liberal government should be cutting taxes for Australians.
The fact is that the federal government can either cut entrepreneurship and risk taking, or it can cut welfare. Why a Liberal government chooses to cut entrepreneurship and risk taking when welfare recipients don’t vote Liberal is a question many Liberal voters are pondering.