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Tax breaks for rich
Tuesday, July 3rd, 2007 HIGH-income earners have benefited the most under the Howard Government’s tax changes since 1996, research released yesterday by the ACTU shows. It says average workers have been ripped off, getting just $23 a week in tax cuts, while high-income earners received six times as much, $140 a week. “Like the IR laws, the Howard Government’s tax changes are biased against average working Australians,” ACTU president Sharan Burrow said. “While average earners are due to start receiving a small tax cut this week, this modelling shows that this is just a pre-election sweetener that doesn’t make up for the tax bias against average workers under 11 years of Coalition government.” The ACTU model takes into account tax changes since 1966 and GST, but not social security payments. Have Your Say: Tax breaks for rich Please read our posting guidelines before posting. Alternatively you can discuss this report here. Related News
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