Robb Admits New Tax on Business to Pay for "Rolls Royce" Scheme

29 February 2012

The Opposition has finally admitted that Australian businesses will be taxed to fund its Rolls Royce Paid Parental Leave scheme.
Today on radio, shadow finance spokesperson Andrew Robb admitted:
We will fund the paid parental leave through a tax ... a levy ... on businesses, many of whom have their own schemes in place.

ABC 774 - MELBOURNE - 29 FEBRUARY 2012

Mr Robbs admission today undercuts Tony Abbott and Joe Hockeys continual boasting of the Opposition being a party of lower taxes.
He needs to explain why they claim to be a party of lower taxes when Mr Robb has now confirmed their paid parental leave scheme will be funded by a new tax on business.
This comes after yesterdays Coalition party room meeting which confirmed how little support there is for Mr Abbotts scheme.
Liberal MP Russell Broadbent declared he found it hard to explain the extravagant scheme for rich people, while Senator Sue Boyce described it as a Rolls Royce scheme, saying the Coalition should consider something that was more like a Holden.
Sources also told The West Australian newspaper that the scheme is practically friendless in the Shadow Cabinet.
This is yet another example of economic recklessness by Mr Abbott.
The Coalitions policy is unaffordable, undeliverable and unsupported.
Meanwhile, the Gillard Government delivered Australias first national Paid Parental Leave scheme more than a year ago a funded scheme thats currently being delivered to 140,000 Australian families.
Clearly the Coalition is divided on this issue, just as they cant agree on whether or not, or when, theyll deliver a budget surplus.
Perhaps the Opposition should spend a bit more time looking at their figures and having their policies costed properly, and less time making promises they wont be able to deliver.