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Tony's Great Big New Tax
Topics
Australian Politics
Tony's Great Big New Tax
Monday, 08 March 2010 20:05 | Written by joni
Tony - who we all know hates taxing people - has decided that his "generous" maternity leave plan will be funded by a Great Big New Tax. The only saving grace is that it will be companies who will be taxed and not individuals.
He estimates his plan to charge a 1.7 per cent levy on businesses earning more than $5 million a year would raise $2.7 billion a year.
What a minute. Didn't Tony tell us that taxes like a levy (or an ETS) eventually mean that the consumer pays as the costs get passed on?