As if we required more clarity about the Abbott Governments - TopicsExpress

As if we required more clarity about the Abbott Governments distorted priorities, the Mid-Year Economic and Fiscal Outlook provides it in spades. Mondays MYEFO contained the hidden gem that Treasurer Joe Hockey has back-flipped on a commitment to implement a targeted anti-avoidance measure which would stop multinational companies siphoning profits offshore estimated to raise $600m. The very same MYEFO contained that the Abbott Government is ripping an additional $941m over 4 years from our public hospital system on top of the $50b contained in the 2014 Budget. Cut an additional $941m from public hospitals over 4yrs ✔ Forgo $600m in revenue by not tackling tax avoidance by multinationals ✘

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