I pointed out on Tuesday that Dr Cullen was clearly wrong with his assertion that there was nothing in the Australian package for people earning under $30,000 a year.
He now admits he was wrong. But get this – he still tries to attack the package on the basis that those earning under $11,000 a year get nothing from it. Ummm, that’s because in Australia they are already scheduled to be paying 0% income tax under the tax laws passed last year. So Dr Cullen is complaining that people who pay zero income tax do not get a tax cut. Why do we trust this man with our money?
Just remember that the caring Dr Cullen will tax someone earning $30,000 almost four times as much as the nasty Peter Costello. Cullen will thump a low income worker on $30,000 with an average 19.1% tax compared to Peter Costello’s proposed 5.0% average tax.
No wonder he had to lie about the package. It makes his lack of action look so much worse.