Labor talks tax cuts
Thursday, October 11, 2007/
Business loves it when Labor talks tax incentives. And shadow treasurer Wayne Swan did not disappoint yesterday. While there is still no tax policy, Swan told Sky News: “We need to be putting incentive into the tax system all the way up the income scale.
“That’s very important in terms of our international competitiveness. It’s very important to encourage people to upskill, to gain additional skills. They are all objectives we will be following.”
He also says that tax credits, where cash is returned to workers at the end of the financial year, is one option Labor is considering to ensure tax cuts are provided to low income earners.
Swan confirmed that Labor would release details of the policy during the election campaign.
Six things Kate Save wishes she knew before she started Be Fit Food (and went on Shark Tank) Kate Save Be Fit Food co-founder
'Seen, heard, loved': A step-by-step guide to growing your social media presence Bianka Velevska Brand.ing founder
Three ways to advertise ingestible hemp products that don't involve Facebook Georgia Branch Hemple co-founder
How digital marketing will change in 2020 James Lawrence Rocket co-founder