English defends government record in bridging inequality gap

Wed, 10 Jul 2013

By Paul McBeth July 10 (BusinessDesk) - Finance Minister Bill English has defended the government’s record in addressing income and social inequality, saying his administration’s tax changes, welfare and housing policies are protecting vulnerable households. About half the country’s households, who earn under $60,000 a year, effectively pay no income tax when transfers including welfare, family tax credits, paid parental leave and accommodation support are taken into account, leaving just 12 percent of households footing three-quarters of t...

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