Swan's rolled-gold stuff-up

Despite today's move to scrap tax cuts from 2015, households will still be overcompensated for the carbon price. The public, however, won't grasp this reality, and the government really only has itself to blame.

With Wayne Swan’s “rolled-gold” surplus promise now in tatters, the government has now resorted to dumping a component of its income tax cut compensation flowing from the carbon price revenue.


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