UNWISE: The writer says it is a bad move by Hockey to cut tax at a time of the debt and deficit disaster.
JOE Hockey said that the wealthy pay too much income tax and is talking about cutting the rate.
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I wouldn't have thought they did, but if Joe said that, it must be right.
It might seem unwise to be cutting tax at a time of the debt and deficit disaster further blowing out the deficit.
But then again, when my age pension is cut by about $150 per fortnight from January 1, next year, I know it will go to good a cause by helping subsidise the wealthy taxpayers.
- Bob Macfarlane, Mirrabooka
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