Now that the prime minister has confirmed the government is considering a “debt levy” and Sydney’s Daily Telegraph is telling us it is likely to be 1% for those earning between $80,000 and $180,000 and 2% for those earning over $180,000 it is possible to calculate the extent to which Australian voters may have been duped.
Tony Abbott has confirmed that the government is considering a debt levy, but denied it would be a breach of his election promise of no new taxes.
People earning more than $80,000 will be in the firing line if the federal government pushes ahead with a national debt levy.
A New York congressman was hit with a 20-count indictment on Monday, with charges including mail, wire, and healthcare fraud, filing false tax returns, perjury, and employing undocumented immigrants.
The prime minister is reassuring pensioners they won’t suffer any reductions in payments before the election due in 2016, but is warning that tougher eligibility rules for pensions are likely after the poll and that family benefits could be reigned in even sooner.
The prime minister’s pre-election pledge not to cut spending on education, health, pensions or Australia’s public broadcasters is now available as a ringtone.
The Abbott government has not confirmed that it is considering a “temporary debt levy” on high income earners, but it also hasn’t denied it – as it easily could have done. We can therefore assume it is an idea being deliberately floated to gauge reaction as the cabinet wrestles to finalise what’s in, and out, of the budget on 13 May.