Libs bid to trump Labor on tax cuts
November 19, 2010
STAMP duty on home purchases would be cut and thousands of small businesses could become exempt from payroll tax under a Coalition plan to trump John Brumby's economic credentials.
As the state election campaign enters its final days, the Coalition will also announce a budget savings package that will target hundreds of millions of dollars of ''wasted'' government spending on advertising and consultancies.
Opposition Leader Ted Baillieu is looking at options to lift payroll tax thresholds to free up small businesses from what he calls a ''tax on jobs''. But The Age understands no final decision has been on made on whether such a move can be afforded.
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Unlike our opposition the Liberals understand that if job creation is important (when isn't it?) cutting taxes is the best way to do it.
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Unlike our opposition the Liberals understand that if job creation is important (when isn't it?)
When you're running a nett national debt over 100% of GDP. You know, like Ireland, Greece - and New Zealand.
At that point: maintaining the tax base is crucial - as is brutally slashing services. The aim is not to cut "wasteful spending" on minstries and consultancies - the aim is to eliminate core spending on health, education, and especially welfare
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