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Cheers - AE

Friday, 30 April 2010

Rudd on taxes - a lesson too late for Gordon?

From The Age:
The federal government aims to cut the amount of tax faced by the vast majority of Australians, Prime Minister Kevin Rudd says.

In a key speech delivered three days before release of the long-awaited Henry tax review, Mr Rudd hinted he was also aiming to help small businesses and working families.

The review, by Treasury Secretary Ken Henry, is due to be published on Sunday when financial markets will be closed.

OECD table: How Australia ranks in tax take

The government is due to deliver its response on the same day.

Speaking to the NSW Business Chamber today, Mr Rudd said the review and the 2010/2011 budget, due to be delivered on May 11, presented an opportunity to usher in a new "generation of prosperity".

"In our response to the Henry review, the government will make the tax system stronger and fairer," he told a breakfast meeting of the chamber.

"Improving the structure of the tax system by replacing inefficient taxes with more efficient ones and streamlining governments and administrations reduces complexity and makes the Australian economy more productive.

"Australia needs to respond, to remain an attractive place to invest and to do business."
Perhaps this makes him a bigot in Gordon Brown's book?

1 comment:

microdave said...

Would that be the same Mr Rudd who was trying very hard to push through the ETS scheme, which would have imposed huge taxes for no benefit?

I gather it's on the back burner at the moment, but that doesn't mean forgotten...

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