The Opposition is seeking feedback from everyday Victorians on how best to improve the state’s “broken” tax system, with residents paying the highest taxes in the country.
Opposition Leader John Pesutto acknowledged the state is becoming difficult to invest in as taxes soar to the highest rate in the country, claiming Victorians owning property pay $5,074 annually.
Mr Pesutto said he wanted to “inspire people to invest in Victoria”, as he encouraged residents to provide feedback around how they would like the tax system improved. “We don't want businesses to be demonised or stigmatised… we want it to be a virtue that we promote and encourage,” he said on Tuesday.He highlighted this investment was not limited to businesses, as he hoped to encourage everyday Victorians investing to grow their nest eggs for when they eventually retire.
“Victoria’s tax system needs to encourage opportunity and promote a growth agenda for jobs, investment, competitive markets, and digital transformation,” Mr Rowswell said.
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