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Biblical principle behind split-income tax policy
“Australian families need taxation policies which favour two-parent, one-income families,” says Dr Arnold Jago, who is standing for the Senate as an Australian Christian Democratic Party candidate .
Mildura-based Dr Jago said his party’s policy allowed income-splitting; dividing the income become husband and wife so the family could benefit from two tax-free thresholds and two lower taxable incomes.
The concept was welcomed by the Taxation Institute of Australia in 1998 as a policy that would lighten the tax burden of most families.
Dr Jago said the Christian Democratic Party’s policies were based on principles found in the Bible. They were aimed at promoting the interests of traditional families.
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