Monday, January 14, 2013

Savings will fund pledges, says Wayne Swan - The Australian



WAYNE Swan has stepped up his plans to find budget savings to deliver Labor's mammoth election-year policies as he concedes his controversial mining tax is not raising the revenue it was meant to add to the government's bottom line.



As the Coalition prepares to challenge Labor in parliament next month to reveal whether the mining tax would produce any revenue this year, the Treasurer said yesterday it did not "come as a surprise" that the levy would not collect any money when resource profits were low.



No comments:

Post a Comment