Fifty percent on high earners? That’s sixteen points above what our peers charge, and it’s nothing short of penalising success—anyone who’s worked hard to get ahead is getting crushed for it. We don’t want to join the leaders in punitive taxation; we want to lead by rewarding aspiration, not taxing it to the hilt down to a sensible thirty-five percent.
The numbers behind the demand
Previous
50%
Tax rate when demanded
Right now
35%
Current tax rate
— delivered
What voters want
≤ 35%
Cut the rate to no higher than 35%
🎉 Delivered on March 23, 2022 via the budget that passed.
Next election on 21 May 2025 (in 5 months).
Pledges (1)
Reformist Sovereignists
pledged March 12, 2022
Delivered
“We are going to change it in the next budget law”