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Subject: Re: KRudd says budget will be a labour one! Bye, bye working families! Posted on: Tue, 13 May 2008 23:35:09 +0000 (UTC)

In news:20080514092709.782e9327@dhcppc1,
Polly the Parrot typed:
> On Wed, 14 May 2008 09:10:23 +1000 "Rod Speed"
> wrote:
>
>>> The surpluses enabling all those tax cuts are *not* the result of
>>> inflation.
>>
>> Inflation is what increases the tax take that needs tax cuts to
>> return to the level of taxation before the inflation happened,
>> .wit.
>
>
> Ah, the usual succinct and incisive comment from Roddles.

And wrong, of course.