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Wednesday, 03 December 2008

Rudd ignored Treasury advice on tax cuts

25/08/2008 8:41:00 PM.  | 
The Rudd government ignored pre-budget advice from Treasury telling it to delay delivering its $32 billion tax package, it has been revealed.

Labor's first budget in 13 years was billed by the government as one that would fight inflation and put downward pressure on interest rates.

But Seven News says it has found the government was told by Treasury in the lead-up to the budget in May that it should delay delivering the tax cuts, or risk an increase in consumer spending and a rise in inflation.

Seven says the details are in documents obtained under Freedom of Information laws.

COMMENTS

Monday, 25 August 2008

Isn't this the bit where we say..." WE TOLD YOU SO "

Posted by: keith rowland, tweed heads

 

Monday, 25 August 2008

Rudd should never have COPIED Costello in the first place. But there again Rudd never did have any good ideas OF HIS OWN!

Posted by: Geoff Bolton, Lane Cove

Monday, 25 August 2008

Perhaps Rudd should not have Mirrored Costellos VOTE BUYING tax cuts,BUT he had to match them to win Election.And win the Election he did and thats what bothers you most is the fact that Labor WON and beat you at your own game.Goodnight.

Posted by: Paul Keating, Dapto

Monday, 25 August 2008

Bolts ,Rudd's tax cuts did not include the top earners so there was an important difference.It was a clever tactic by Howard to announce large tax cuts on day one of the election.The first effect was to win voter support.Secondly if Rudd matched them this would create difficulties in govt.Much the same as Packer did to Stokes when bidding for Beijing.We saw the result in the poor coverage.Howard did not care because he was not going to be there for the next election.Where is Kerry P now ?

Posted by: Lance Freestone, Cambridge Park

Tuesday, 26 August 2008

Freestone $31bn = $31bn =$31bn. Anyway you count it the numbers are the same! Get on another track, this one is a loser for you...AND RUDD!

Posted by: Geoff Bolton, Lane Cove

Tuesday, 26 August 2008

Paul Keating and Lance Freestone-You guys must put up or shut up. Either you believe that your idol Rudd will always do the right thing for the Country or that he will always do what’s right for his political ambitions. If the Tax cuts were bad policy for John Howard it was even worse policy for Kevin Rudd. Rudd is still criticizing John Howard for his so called spending and the clown copies the biggest spending initiative of them all.Wheres his credibility? And where yours for defending him?. People are waking up to the Rudd sham-sadly he is going to cause them a lot more financial hardship before he is given his marching orders.

Posted by: Desmond Harris, Beacon Hill

Tuesday, 26 August 2008

Desmond:When Rudd has done something wrong i will be the first to admit it.So going by your comments it was very irresponsible of Howard to promise those Tax Cuts?Please confirm? Awaiting your reply.

Posted by: Paul Keating, Dapto

Tuesday, 26 August 2008

Paul Keating-You said 'When Rudd has done something wrong i will be the first to admit it'. By this you are implying that Rudd has done nothing wrong here-despite the Treasury warnings. You have got to be joking.

Posted by: Desmond Harris, Beacon Hill

Tuesday, 26 August 2008

Desmond:Darn i gave you an get out of jail free card. But i will ask the question again."So going by your comments it was very irresponsible of Howard to promise those Tax Cuts" ?Please confirm? Awaiting your reply.

Posted by: Paul Keating, Dapto

Tuesday, 26 August 2008

Paul Keating, Dapto - You are the one in jail mate-you are a prisoner of the Rudd propaganda. I am waiting for your answer-did Rudd do the wrong thing by copying the Howard Tax Cuts. The question is simple enough-do you need an interpreter? You seem to be in denial.

Posted by: Desmond Harris, Beacon Hill

Tuesday, 26 August 2008

Desmond: Absolutely Rudd did the right thing by NEARLY copying Howards VOTE Buying Tax Cuts.He would have been dead meat if he didn't! Now did Howard do the right thing by instigating the tax cuts.Awaiting your reply.

Posted by: Paul Keating, Dapto

Tuesday, 26 August 2008

Paul Keating - I have always disagreed with Howard's tax cut last year as much as Rudd's So on this front Rudd has done absolutely the wrong thing - no matter how you argue against it. All tax cuts are inflationary no matter whether it is directed to low, middle or high income earners. Period.

Posted by: W O, Turramurra

Wednesday, 27 August 2008

Paul Keating, Dapto -Just like your Labor idols you are uttering falsehoods. How can it be right for Rudd to come out with the Tax cuts but wrong for John Howard to come out with them? Any way you have admitted that Rudd will do anything to win an election, even though it is wrong. The cluey people knew that all along.

Posted by: Desmond Harris, Beacon Hill

Wednesday, 27 August 2008

Desmond: Unlike you i have been around long enough to realize that Politicians are not altogether truthful and sometimes they lack a few morals,Some more than others.You however have put Howard up on a pedestal,I have him the Some more than others category.Howard was desperate to promise those Tax cuts but he needed the Votes.Rudd followed with tax cuts because the super Economic duo Howard/Costello said it was okay.Rudd needed the votes also.Can't you get your head around that.

Posted by: Paul Keating, Dapto

 

Monday, 25 August 2008

Coward 08 still hasnt made a hard decision yet, when will he! is is elected to lead and make hard decisions not worry about the polls. I respect leaders who make tough decisions for the benifit of the country not what Mel and Kochie think

Posted by: Robert Jenkins, Brisbane

 

Monday, 25 August 2008

Hold on Bolts, for weeks you have been claiming Rudd has stuffed the economy by reducing demand. If not for the tax cuts things would be worse would they not? You seem to want this both ways. I am not aware of any reputable organisation showing where the tax cuts have put up inflation. It really looks as if fuel and interest rates are the cause of inflation, talk to Runawaycrybaby about interest rates, and Brengun about fuel prices. Starting wars and being to weak to win them, illegal or no.

Posted by: Graeme Henderson, Darling Downs

Tuesday, 26 August 2008

...and Henderson knows better than Treasury! It's Henderson that wants it all ways. Give up you fool.

Posted by: geoff bolton, Lane Cove

 

Monday, 25 August 2008

Kevin Rudd is the biggest piece of swine filth I have seen in my entire life!!! I HATE KEVIN RUDD! He has totally RUINED OUR LIVES with his instance on being HELL BENT ON DESTRUCTION! The man clearly has a pure, unadulturated intent to not only kill newborn babies in front of their mothers, but also to FEAST ON THEIR ENTRAILS AND THEN CAST SPELLS ON CHARITY WORKERS WHO HELP THE ELDERLY. HE should BE CASTRATED ON NATIONAL TELEVISION FOR RUINING THE ECONOMY SINGELHANDEDLY! I love John Howard.

Posted by: Kevin Rudd Hatred, I hate Rudd

 

Monday, 25 August 2008

Never could tell a know it all anything. I did say time was running out for Rudd and the gang. Little more than 2 mnths off a year now, the love affair might be losing the "blind" love now, and begin to remove the rose coloured glasses. The media might have to begin to ask the hard questions of Rudd and Co now, instead of pondering Coalition leadership time wasting querys. Interesting few months ahead I would say. You think we should Keith ? Yeah why not, ITS TIME !!

Posted by: susan lawe, gippsland

Tuesday, 26 August 2008

Time is running out eh Susan ? So Labor has 10 mths to fix all of the ills created in 12yrs by Howard.Typical of the lunatic from Gippsland.Perhaps we should get her idol Pauline Hanson to provide the answers.Like printing more money eh Susan.Your simpleton economics matches your stupidity on the opposition leadership.Tell us why Nelson has an approval rating of 15% and Rudd 65% ? Could it be that the better prime minister is Rudd.DURRRRRR

Posted by: Lance Freestone, Cambridge Park

Tuesday, 26 August 2008

Freestone (who failed to comment on the $31bn) now does a Ruddism and says "10 months to fix the problems of 12 years". Freestone there were no 12 years of problems...there were 12 years of prosperity...low unemployment... significant growth...retirement of government debt etc etc etc. And by the way, an opposition leader will invariably be behind an incumbent PM in the early days of a government's life. That's common sense.... obviously not too common around your way!

Posted by: Geoff Bolton, Lane Cove

Tuesday, 26 August 2008

Lance Freestone-Popularity at the polls doesn't necessarily translate into good Government. Hitler started off by being very popular-look where he ended up. The Coalition left Rudd an excellent economy-business and consumers had full confidence in the then Government. Rudd and Labor lacked the ability to keep the good economy going-far from fixing things in 10 months they have ruined a great economy in 10 months. The proof is starting to pour in. Business and Consumer confidence shattered and 56% of the people surveyed in Sydney said that they are less confident now than they were in November 07.

Posted by: Desmond Harris, Beacon Hill

Tuesday, 26 August 2008

Desmond: I wonder what result we would have if we polled the whole world on "Business and Consumer confidence shattered and ??? % of the people surveyed said that they are less confident now than they were in November 07".I wonder what the % would be ????? My guess it would be a very high %.Now would they blame RUDD?

Posted by: Paul Keating, Dapto

Tuesday, 26 August 2008

Des - don't mention Hitler, you know that brings out the worst in Henderson!

Posted by: Geoff Bolton, Lane Cove

Tuesday, 26 August 2008

Des, Popularity at the polls doesn't necessarily translate into good Government. Hitler started off by being very popular-look where he ended up. A good example would be John Howard. Of course popularity at the polls does put you in government and you get to watch the opposition twisting in the breeze while the try to work out who is capable of leading them to victory. Of course the answer is the don't have anyone, perhaps they should recruit Gillard.

Posted by: Graeme Henderson, Darling Downs

Tuesday, 26 August 2008

Graeme Henderson-Still doesn't help the people when the so called popular guys stuff up the economy.The masses cannot eat popularity.

Posted by: Desmond Harris, Beacon Hill

Tuesday, 26 August 2008

Freestone- So lets get this right-If Rudd does something wrong because of political expediancy then its OK-you will not be critical of him-gane,set and match-you have admitted your lack of objectivity.

Posted by: Desmond Harris, Beacon Hill

Tuesday, 26 August 2008

Calling Desmond and CO;I wonder what result we would have if we polled the whole world on "Business and Consumer confidence shattered and ??? % of the people surveyed said that they are less confident now than they were in November 07".I wonder what the % would be ????? My guess it would be a very high %.Now would they blame RUDD?Sorry to post this again but the FAR Right don't seem to want to reply on this,I wonder why???????????????

Posted by: Paul Keating, Dapto

Wednesday, 27 August 2008

Who cares about the whole world when Rudd cannot even manage Australia properly? Idiotic question.

Posted by: W O, turramurra

Wednesday, 27 August 2008

WO: Who cares about what the rest of the world is doing Economically is absolutely vital for business to know.They can then plan for the future.Your response was economically irresponsible of course the rest of the world is experiencing Financial,Inflation troubles and unfortunately it flows onto Australia because we are part of the Global economy thanks to PK.You can jump up and down flapping your gums and spitting out Liberal Rhetoric all you like but the Smart people here understand.

Posted by: Paul Keating, Dapto

Wednesday, 27 August 2008

Keating - again you are asking your labor party to be bashed. It's Rudd who promised during the election that he will put downward pressure on inflation/interest, etc. He has been warned by Howard & Costello that "there are tough time ahead" & certainly subprime crisis, etc didn't just happen out of blue - they were already in action when the election was held. Since Rudd made promises one could only assume he was fully aware of the situation. So he is responsible. Stop blaming external factors.

Posted by: W O, Turramurra

 

Tuesday, 26 August 2008

Problem is we cannot ignore the Rudd government. We have to find some way of working with it until we can dump it. We need someone to stroke Rudd's ego and get him to behave responsibly while he is in parliament, which I understand is 20% of the time that parliament runs.

Posted by: Happy Fun Ball, Carramar/Sydney

 

Tuesday, 26 August 2008

Where are you Graeme ? Now where to be seen when Rudd is now showing his true colours. I Do remember Mr Rudd saying that the liberals had it all wrong I guess that was quite correct but I've noticed that the blame game that was such a problem hasn't stopped The Rudd government from do the exact thing. Pity is that it will be sometime before they leave the building with the economy in tatters as it was before Howard /Costello put it in the fine form it was recently in.

Posted by: Chris Rasmunson, Sydney

 

Tuesday, 26 August 2008

Glad SOMEONE can afford the cost of that freedom of Information. On the Budget side..ha ha..It is Labor in power isnt it? What did anyone expexct we'd get from them?Now if this lot follow on like the previous Labor govt, then we know why the economy is stalling. Its there way of dealing with a healthy economy, when we spend TOO much for their Marxist views, we'll have a recession we need to have because we've worked hard and gotten too much back. Labor thuggery doesnt change.!

Posted by: Nick Again, Here n there

 

Tuesday, 26 August 2008

Keating dearest...awaiting your confirmation that Rudd shouldn't have copied Costello's tax cuts! You seem to delight in offering nothing and asking everything... in fact you do sound a lot like your hero Rudd?

Posted by: Geoff Bolton, Lane Cove

Tuesday, 26 August 2008

Bolts you need to patient whilst waiting to be humiliated.I feel like a kid in a candy store sometimes there are so many of you Ignorant Liberals.Its not fair really all attacking me at once.You should be able to treble your numbers to make it more even.Now in answer to your $31bn topic my view is that Rudd should have had the courage and confidence NOT to have matched the tax cuts.Political expediency unfortunatley ruled.I WILL criticise Rudd when i see the need.

Posted by: lANCE Freestone, Cambridge Park

 

Tuesday, 26 August 2008

Again Lance henderson, you didnt read the Hanson posts did you, NO, because your stupidity and simple minded hatred wont allow you to do anything other than abuse and insult others. Your moronic Prof Know Itall attitude and lack of respect for anyone other than yourself, all 2 of you, says more than anything I could possibly post here. Now go away and shutup, get on someone else's case simpleton. Or do the MEN scare you, rather keep attacking a woman huh Lance Henderson.Try a man Prof, go on

Posted by: susan lawe, gippsland

 

Tuesday, 26 August 2008

Poor old Harris the share portfolio gone down a bit.What the polls are saying is that the Rudd govt is addressing the economic mess created by the Liberals adequately.The polls are also saying that there is no viable opposition.They are also saying Nelson with only 15% approval is dead in the water.Only Bolts thinks it is not a good time to change leaders.Bring on Costello,Turnbull or whoever you like.There all no hopers.

Posted by: Lance Freestone, Cambridge Park

Tuesday, 26 August 2008

Freestone-Rudd and his followers are running out of excuses. He has taken a perfectly good economy and ruined it in 10 months.The people will have his hide for this-wont be long now.

Posted by: Desmond Harris, Beacon Hill

 
 

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