Wednesday 24 October 2007

One of the biggest local political whoppers of the season

"New tax cuts pledged by Federal Treasurer Peter Costello will disproportionately benefit North Coast residents because the reductions are skewed towards lower income earners who make up much of the local workforce, according to Page Nationals candidate Chris Gulaptis."
Full quote:
 
Why Chris Gulaptis would make such a statement beggars belief. Any increase in take-home pay for low income earners pales in comparison to the windfall Howard and Costello would be giving the big end of town with these new tax cuts.
 
Mr. Gulaptis himself, who in the past has bragged about a very comfortable income, would receive more money from these proposed tax cuts than the average North Coast worker.
 
Under this tax package, those North Coast residents with the lowest incomes (people whose sole income is a government pension or other payment) will not receive any relief from the disproportionate total amount of Federal GST they pay each fortnight.

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