CUTTING taxes is a key policy Libertarian candidate for Indi Tim Quilty is pushing as he nominates for his second time in the electorate. Politics and numbers are a familiar space for the Wodonga accountant as he served over four years in the state upper house for Northern Victoria under the party's former name, Liberal Democrats. "We want to make Australia better and it has been pretty obvious we've been on a downward slide, something has gone wrong and both of our major parties are completely out of touch," he said. "Our Independents aren't doing much better so I want to stand to make a difference and I want Australia to be a place for our kids to have better jobs in, and I think the Libertarian party has the answer for that. "I have a track record in parliament. "People know I will fight for their freedoms and oppose tax grabs, wasteful spending and bad government regulation. "Libertarians think Australia needs a radical program of tax and spending cuts, economic reform, regulation removal and protection of individual rights." Mr Quilty detailed a few of the party's policies including cutting taxes - $50K tax free threshold, 20 per cent tax, combined family incomes (so $100K TFT for couples), and only taxing company profits when distributed, not when earned. "We're also proposing reforms to company taxes and we're only going to tax company profits when they're distributed rather than when they're earned," he said. "This would be a major change for small business in the way they finance. "Instead of relying on debt they would be able to finance their business out of their own earnings and they'll only pay tax when when they start taking profits." Cheaper electricity – no bans, no subsidies and protecting the environment from wind, solar and powerline destruction are key policies. "As a party we have long proposed legalising nuclear power and the Liberal party took our policy, which was great," Mr Quilty said. "We don't want to subsidise or the government to pay for it, we just want to make it legal then let businesses do whatever is cheapest and drive energy prices down. "What we're doing with solar panels and wind farms and the connecting infrastructure which has been left out of the equation, is driving up energy costs." The Libertarians want to abolish the Federal Department of Education, encourage new education models and fund children, not schools, including home education co-ops. Other goals include protecting women-only spaces and sports; reforming immigration to reduce the economic strains; enshrining rights in the constitution; defending freedom of speech; promoting rights to privacy; and ending Australian involvement in overseas conflicts.
