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Wednesday, 17 October 2007

John Howard reaps personal benefit from new tax cut policy

News.com.au reported this morning that the National Tax and Accountants Association has calculated that if he stays on as Prime Minister John Howard would take home an additional $10,560 as a result of his recently announced tax package. A tax savings of $203 a week.
 
Now that's what I call blindly redistributing the national wealth.
 
Full article:
at

2 comments:

  1. canberra boy17 October 2007 at 20:53

    I came up with a slightly higher benefit for the PM when I did some quick calculations yesterday - I think the NTAA left out one of his allowances. I also did some comparison with average wage earners etc. The benefits are massively skewed to high incomes.

    ReplyDelete
  2. Anonymous17 October 2007 at 21:20

    Thanks for the link, canberra boy.
    I enjoyed the comparison you made between Howard's potential tax cut and that of a working mum, under this election 'sweetener'.

    ReplyDelete

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