keating relieved for australia, page-7

  1. 346 Posts.
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    Thanks miles,
    When he took office the lowest tax rate was 30.67% , when he left this rate was down to 20%. the top rate when he arrived was 60% when he left it was down to 47% and these rates were not just brought down the night before he left.
    Doesn't sound like the work of a demented socialist to me!
    Reducing individual tax rates and abolishing the double taxation of company profits is hardly the work of the red menace!
 
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