Saturday, October 20, 2007

Rudd's Tax cuts

Mr Rudd has released his tax plan which seems to be based on the Coalition's policy with the addition of tax rebates for family computers:

It would pay tax rebates to the value of half of a family's spending on computers, broadband fees, printers or other computer-related technology. The rebates would cover 50 per cent of up to $750 a year for primary school children and $1500 a year for high school children.

Mr Rudd said a family on an average income with two children, one at high school and one at primary school, could expect to receive more than $1100 a year. "If you are a kid today - let's face it - if you're not wired at home and if you don't have access to laptops and computers and software, you start to fall behind," Mr Rudd said. "We are widening the gap of opportunity for kids by not wiring them."

Brandishing a laptop computer, Mr Rudd said he was holding "the toolbox of the 21st century".

How are you going to be sure that the money will be spent on computers? The main group to benefit from this will be public servants.

UPDATE: Prof Neil Warren thinks Rudd is being a bit too clever.

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