What Peter Costello Doesn’t Want to Hear
Malcolm Turnbull exposes Treasurer Costello’s empty rhetoric on tax reform:
there is simply no financial or economic justification for maintaining the 47 per cent rate. Its only justification is political: “soak the rich”. But such a rationale is completely disingenuous. After all, anyone who is not a PAYE taxpayer can easily and legally structure their affairs so they don’t have to pay it.
posted on 02 September 2005 by skirchner
in Economics
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Comments
Malcolm Turnbull for PM. It can’t happen soon enough.
Posted by .(JavaScript must be enabled to view this email address) on 09/02 at 02:28 PM
i used to like costello…now he just looks soft.
people reward leaders. not mincers.
Posted by .(JavaScript must be enabled to view this email address) on 09/02 at 07:44 PM