Friday, June 24, 2011

Carbon Trading Scheme

JULIA Gillard has indicated that most families on incomes above $150,000 will miss out on compensation under the proposed carbon tax plan to be unveiled next month.

This comes as Tony Abbott today will promise tax cuts from a Coalition government when it scraps the carbon tax and accompanying compensation measures.

Ms Gillard has strongly defended the $150,000 figure, saying people earning that amount are not rich but ''they're a lot better off than the vast majority of Australian families''. She pointed out that the average household income was $68,000 and only one in 10 households earned more than $150,000.

READ ON:

Carbon tax relief to end at $150,000


Carbon Trading Scheme

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