Eighty-one thousand taxpayers in my electorate of Chisholm will receive a tax cut under Labor's tax plan. That means four out of five taxpayers in Chisholm will receive a larger tax cut under our tax plan than under the previous plan. That means a single-income household in my electorate making $120,000 will receive a tax cut of $2,679. These tax cuts matter, and they'll make a real difference to the hardworking households in my electorate.
These tax cuts are about supporting aspiration and ensuring that there's more money in people's pockets so that they can support their ambitions. It's not lost on me that, for some families, our tax cuts mean the difference in whether or not they are able to enrol their children in music or dance lessons or pay registration fees for local sporting clubs. Labor's tax cuts support aspiration. We've always been the party of aspiration, and this is just the latest example of us doing what we can to ensure every family and household in this country is able to pursue opportunities for themselves. We've always been focused on helping people build a better future for themselves and their families, and I'm really proud that on this side of the House we're committed to making sure that more people keep the money that they work so hard to earn.