The election saga goes on. Tony Abbott will oppose and abolish Labor’s proposed FBT car tax reform, from BS:
“Labor’s tax hike will cost 320,000 Australians an average of $1400 per year.”
…”It’s clear that this is a serious blow to an industry under pressure,” he said.
…Mr Abbott said this was impacting on nurses who got cars to do home visits, charity workers who needed a car to help the poor and on salesmen on modest wages who needed cars to do their business.
So! We have a howling industry built exclusively on rorting tax-payers being shut down by a government seeking savings to cover its political tracks on a retrograde policy shift being opposed by an opposition party which claims to support strong surpluses and tax reform.
Just another day in Australian political economy!
