Abbott Government Tax increases a broken promise The Government repeatedly said the only party that would increase taxes after the election would be the Labor Party. But its first budget contained plans for a temporary repair levy on high income earners from July 1, 2014, the reintroduction of the fuel excise indexation from August 1, 2014, and a $7 co-payment by patients for general practitioner, pathology and diagnostic imaging services from July 1, 2015. The Treasurer himself has confirmed that the measures amount to tax increases. With the Senate passing the deficit levy last month, the promise is broken. In mid July the Government quietly sidelined its plan for a fuel excise hike beginning in August. And on the eve of the federal election, Mr Abbott made a last-minute promise on live television that there would be no cuts to the ABC and no cuts to the SBS - both of which were broken on budget night.
Posted on: Sun, 27 Jul 2014 11:31:09 +0000
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