UnitedFuture calls out parties on their claims to support families

UnitedFuture Party Leader Damian Light is calling on other parties to stand by their claim to want to help families.

“It’s great to see that both National and Labour have announced packages to help families. But if they really wanted to help, then why haven’t they voted for our Income Sharing bill that’s been before parliament for 7 years?” Said Mr Light.

Taxation (Income-sharing Tax Credit) Bill was introduced to parliament in 2010 as part of a confidence and supply agreement with National. It was preceded by a government discussion paper that was released in 2008 as part of a similar agreement with Labour.

Despite widespread public support, neither National or Labour will commit to supporting the bill, leaving it stuck in limbo while families struggle.

UnitedFuture's Income Sharing will;

• Allow couples with dependent children under 18 to share their income equally between partners for tax purposes;

• give parents greater choice in their work and caring roles;

• acknowledge the contributions of those who forego paid work to care for children; and

• give families with children additional financial support.

It would help an estimated 300,000 families immediately, especially where one parent is a full or part time carer. The cost depends on how many families take up the option, but could be up to $460m a year.

“Income Sharing provides choice for families in how to raise their children, along with extending paid parental leave. The option recognises that not all families are the same and recognises the importance of raising children.”

Income Sharing has been a flagship policy of UnitedFuture for over a decade and is still a core policy. Submissions on the discussion paper were 90% in support, with the only objection that it doesn’t help every family.

“Income Sharing is about providing support to middle-income families who may not qualify for Working for Families, yet are still struggling. Those not assisted by this bill have other targeted assistance which need constant review to ensure they’re supporting those that need them.”

UnitedFuture has a proud history of helping families including Working for Families, modernising the child support system and supporting family members facing legal costs with regard to assuming guardianship of children.

“Despite widespread support from the public, UnitedFuture is the only party campaigning for middle-income families. To ensure that Income Sharing is not forgotten, it’s essential that UnitedFuture is returned to parliament.” Concluded Mr Light.

ENDS

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