Barnaby assures opposition to revoke tax cuts on carbon tax
Nationals Senate Leader Barnaby Joyce announced that if ever elected, the opposition would revoke any suggested cuts on the income tax linked with a carbon tax.
The Sydney Morning Herald reports that Senator Joyce said the coalition's policy was to invalidate any regulation for a price on carbon and the succeeding actions of payment linked to the income from the impost.
By the first of July 2012, the government plans to introduce a carbon tax on the 1000 biggest polluters and pay low to middle income households for higher costs of living.
On ABC Television last Wednesday, Barnaby said "From the outset we have said we would not introduce a tax and then we would repeal it if it comes in. If you are repealing the tax, you are repealing the mechanisms that go with it."
The final update on the 2008 climate change review by Labor climate change adviser Ross Garnaut advocated income tax cuts for poorer households as compensation.
Under Professor Garnaut’s 10-year plan, he clearly showed that Australian households would eventually bear the full cost of a carbon price.
Senator Joyce said, "We would say quite clearly the people of Australia have spoken on this issue. This is what they want. This is what we must bring about."
In conclusion of the matter, Senator Joyce declared that the coalition would have a mandate from the electorate to repeal the carbon tax. This will be realized only if the opposition comes out successful at the next federal election.