Well the budget 2008 has come and gone. I like many others was waiting for the info on tax cuts. I can see why a number of people will be disappointed as $16 a week will hardly change their lives. I know a few people at work who qualify for working for families and they will be better off but again it will only partly compensate for the reduced spending power due to fuel hikes etc. My return will be slightly better as I am one of those that has been fortunate to have previously caught in the top tax bracket and now I’m not, so I’m looking at close to $28 a week. Yahoo! Well sort of! I’m not sneezing at it, but I do wonder about Cullen’s ulterior motives for doing this now. I still think Labour are goneburgers, but t might have saved a few seats.
One of the really weird things about the budget was the $9 million given to the racing industry to increase the size of purses at major race meets? Excuse me, how many hungry kids would that feed or hip operations could be performed. It certainly would buy 900,000 blocks of Homebrand cheese at Countdown @$9.99 each. Let’s get real, I thought that the racing industry was self-funding through the totes and the sponsorship. Obviously not – is there a secret Labour agenda at play here! Does someone in Cabinet have shares in racehorses? What a conspiracy theory that could turn out to be! But seriously you can’t help but wonder!
Tags: Budget 2008, Racing
