Industry wants tax cuts for poor
February 19, 2007 04:00am
Article from: AAP
THE Government should give the nation's poorest workers a tax cut in the May budget, Australia's industry body said.
The Australian Industry Group (Ai Group) wants the Government to cut income tax for those earning $25,000 to $30,000 in half, from 30 per cent to 15 per cent.
The Government also should also refund the 15 per cent tax on employer superannuation contributions into the accounts of low income people and middle income earners aged over 50, Ai Group said today, and increase the amount it will pay under the Superannuation Co-Contribution Scheme.
Ai Group said the Government can pay for the changes by cutting contributions to the Future Fund.
If industry leaders recognise the poor working class in this country then it is pretty bad!
What about those on Dissability or pensions??? They have to live on not much more than $10,000 a year and when you consider a low rental property of say $250 a week (will get you a dump in Queensland with rats, leaking roofs and the like, sure you can complain but the rent will go up that's a certain), that's $3,000 more than recieved so now you can add rent assistance and yes your pension and rent assistance will cover rent but no food, water, electricity or car expenses you can see we have some of the poorest people in the world, living on our streets with so called Christian leaders not helping one bit!
Regards
Daniel
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