Monday, February 23, 2015

Budget 2015: Upping income taxes

Raising tax rates on the top income earners is something we would never do unless it is going to be the fashion elsewhere too. In my living memory I could only remember them making it more attractive for the top earners. This is significant. It might not stop here either but we will look at what others are doing and decide.

There is only so much aid, benefits and rebates a government can give out. In fact I often wonder if they had collected too much that they have some to return. No doubt we also run a tiny government.

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