Budget winners and losers
Tax cuts safe despite budget 'nasties' – Melbourne Age - The July 1 tax cuts appear safe in next week's budget, despite federal Treasurer Wayne Swan declining to give a guarantee and warning the public of unpopular decisions
I will deliver on tax cuts and age pensions, Swan vows – Sydney Morning Herald - The Treasurer, Wayne Swan, insisted yesterday that the Federal Government would keep its promises to cut taxes and increase pensions despite facing one of the toughest federal budgets in decades because of the global economic slowdown.
Spreading the fear that we are about to have another lot of L.A.W. law tax cuts removed we have:
High earners' promised tax cuts in jeopardy at Federal Budget - Sydney Daily Telegraph - Well-off people might lose out on promised tax cuts as the federal government warns it has to get tough in the May 12 budget. Treasurer Wayne Swan has refused to guarantee that tax cuts for people earning over $80,000 will go ahead as planned on July 1.
Treasurer Wayne Swan warns of Budget pain for everyone - Melbourne Herald Sun - Wealthy Australians could be among the hardest hit with the Treasurer not guaranteeing their promised tax cuts.
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