Australia’s fuel tax credit scheme lacks a clear rationale or purpose. Reforming it can save the federal budget $4 billion a year.
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Articles on fuel tax credits
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Critics of Australia’s fuel tax credits system have pointed to its impact on the budget bottom line, but calculating that cost is far from straightforward.
Tony Abbott has warned there will be “tough decisions” in tomorrow’s federal budget – but would his government risk an industry and internal backlash by cutting back on multi-billion-dollar fuel tax credits…
