Which Party Has The Most Taxpayer-Friendly Policy in the 2013 Federal Election

A sad reality of the 2013 Federal Election is that there is little difference between the major parties in terms of offering taxpayer relief. While the Coalition's plans to scrap the carbon tax, MRRT, and slightly reduce our corporate tax rate is certainly welcome news, the relief this will give struggling households will be minimal.

As such, we've combed through the tax policies of all the major parties to determine which have the most taxpayer-friendly tax policy - and the results might surprise you! 
Of all the minor parties contesting the 2013, the two stand out parties are Family First and the Liberal Democrats:

Family First:  One of the unremarked stories of the 2013 Federal Election campaign has been the radical transformation of Family First, under the leadership of businessman Order of Australia recipient Bob Day. In the minds of the commentariat, Family First remains associated with the bizzare antics and big-government paternalism of the Fielding era, however, this has rapidly changed with Family First establishing themselves as a highly effective conservative party, with a detailed and well thought out policy platform.

Family First's tax policy is a flat 20% corporate and personal income tax, with a $20,000 tax free threshold, offset by cutting significant wasteful spending, and devolving power to the States. It would also scrap the carbon tax, the MRRT, and payroll taxes. This would not only help families, but would revitalise our flagging economy.

Liberal Democratic Party: Like Family First, the Liberal Democrats plan to significantly cut the size of government, and their tax policy is a 20% flat income and corporate tax (also like Family First), but with a $40,000 tax free threshold. They also believe in abolishing lifestyle taxes, fuel taxes, import tarrifs, the MRRT, and the carbon tax.

Honourable Mention

The Palmer United Party: PUP's plan to cut income tax by 15% is laudable, although not on the scale of Family First's or the LDP's, however, they can not be considered as pro-taxpayer as the others as it's accompanied by spending increases. 

We at the Australian Taxpayers' Alliance are staunchly non-partisan, and do not seek to influence anyone's vote . We recognise that these political parties have numerous other policy positions that our supporters may strongly disagree with (and indeed, both Family First and the LDP are on different sides of the political spectrum on many issues). Obviously, tax reform is not the only issues to consider in the election, simply one of many, however, when it comes to tax reform, these two parties are clearly head and shoulders above the rest.

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