Aussie
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Just got this via email from Chris Burke....the ALP immediate response:
The difference between Labor and Liberal could not be more stark tonight — we'll put people first, while the 2016 budget has shown the Liberal Party will look after high income earners and multinationals.
So here’s what I’ve learnt tonight so far.
This budget fails to set Australia up for the future — by cutting services, cutting infrastructure, cutting skills and education. In the budget tonight:
An extended GP Tax by stealth Cuts to schools Cuts to Medicare Cuts to families and pensioners that will increase the cost of living Cuts to higher education Tax cuts for multinationals Cuts to veterans’ hospitals
But of everyone, Australian families are the biggest losers tonight:
Individuals who earn the most will get a double tax cut – someone on $1,000,000 will get a $16,715 tax cut tonight while three quarters of Australian taxpayers receive absolutely nothing. A couple with a single income of $65,000 with three children in primary school are $3,034 worse off a year – and receive no tax cuts. A single mother with an income of $87,000 with two children in high school is $4,463 worse off per year as a result of tonight’s budget.
Finally, the Liberals have done very little about repairing the budget:
Tonight’s budget forecasts higher taxes than at any time while Labor was in government. It confirms the Government has lost control of the deficit – it has tripled the deficit in three years, while debt continues to grow. At the same time, the budget confirms unnecessary spending, including the Government’s new $1,000 baby bonus.
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