Member for Cowper Luke Hartsuyker raised concerns on behalf of constituents with regard to Labor’s retiree tax in federal parliament today.
Mr Hartsuyker said Cowper has an older demographic with many self-funded retirees who had worked all their life “scrimping and saving to build a nest egg for retirement.”
“What does the Australian Labor Party propose to do? It proposes to rob them,” he told parliament.
Labor has promised to tax self-funded retirees on income from shares that would bring in an estimated $55.7 billion over the next decade if it wins the May federal election.
Mr Hartsuyker said self-funded retirees had worked hard to establish independence in retirement, but had been attacked by Labor’s Shadow Treasurer Chris Bowen.
“What does the Labor Party say to do? The Shadow Treasurer arrogantly says, ‘If you don’t like our retiree tax, don’t vote for Labor at the next election.’ I couldn’t agree more.
“In the seat of Cowper, it is a little bit more complicated, because we have an alleged independent candidate running.
“I say alleged because the alleged independent propped up the Rudd-Gillard-Rudd government for years.
“If you don’t want the retiree tax, don’t vote Labor. But don’t vote for the independent candidate, who will also deliver you a Labor government.”