Muzzarati
As I understand it, it is for 6 months capped at $75,000 which equals a 150,000 pa Income.
Also a company tax decrease of the same amount 1.5% so no additional net cost apparently.
But the gain according to abbott is that companies won't have to administer their own scheme as the Family Assistance Office will do it instead, so a saving there also.
As far as Business keeping Families in their style, Children are the future Tax Payers of the Country.
As Higher Tax Paying Mum is likely to produce a Higher Tax Paying future Worker than a person on welfare wouldn't you think?
snider
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