It was Howard and Costello's tax cuts Labor then mirrored going into the election. Right or wrong the increase in the tft to $18k undoubtedly increased aggregate demand in the economy for the gfc. I did read a couple of articles about alternatives but they don't seem to be particularly good. Salaries will have to be increased until you hit the higher tax rate then distributions will be lower then your marginal tax rate. I think you're right they will come up with ways around it. Also this will not go through unless Labor has the senate as well and that will not happen in my view.
