LNP candidate calls for zonal taxation in tax reforms
LNP candidate for Maranoa David Littleproud is calling on the government to include zonal taxation in the tax reform discussions.
Treasurer Scott Morrison has indicated that a national conversation on tax reform will take place in the coming months and that any tax reform needs to build efficiency and productivity into our economy.
Mr Littleproud said while it's important to have a national conversation about tax and government expenditure it is also an opportunity to implement tax reform that will help regional Australia grow.
Zonal taxation targets regional areas, emphasising on long term regional sustainability by reducing individual tax through increasing the tax-free threshold.
Mr Littleproud said that Zonal Taxation has the potential to give regional communities a real shot in the arm in supporting regional Australia grow.
The Warwick businessman said he supports Zonal Taxation because it will reduce tax for every working person in Maranoa.
"It will also encourage growth by incentivising fly in fly out workers to permanently move their families to Maranoa and encourage more professionals such as doctors and teachers to regional Australia," he said.
"By giving an incentive to live in regional areas our communities will be enriched and our future prosperity secured by encouraging young people and families to relocate to Maranoa and support existing families to stay."