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May 22, 2003

The rich get handouts

It's barely news that the rich are getting richer, but journalists owe it to their readers to make a noise when well-off people get tax breaks and concessions that those lower down the income scale need more but can't get. The Australian Council of Social Service claims John Howard's government is supplying "well-off welfare" worth $7.2 billion to the top 20-25% of taxpayers. The decisions that delivered this windfall include the private health insurance rebate, the 'baby bonus' and tolerance of tax avoidance through private companies and family trusts. Read the full report (it's in Word, so save and virus-scan it first) at http://coss.net.au/news/upload/info345_waste_analysis_final.doc. Posted by belinda at May 22, 2003 02:48 PM
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