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Abbott warns of $400bn tax bill under draft Copenhagen agreement

Posted By admin On December 9, 2009 @ 11:41 am In World News | Comments Disabled

The Australian [1]
Wednesday, Dec 9th, 2009

AUSTRALIANS could be hit with a tax bill of up to $400 billion under a draft deal leaked at the Copenhagen summit, Opposition Leader Tony Abbott said today.

“Just to get a five per cent reduction in emissions, Mr Rudd wants to whack a $120 billion tax on us,” Mr Abbott said.

“To get a 15 per cent or 25 per cent reduction in emissions on Mr Rudd’s logic, it’s going to be an even bigger tax – perhaps a $300 or $400 billion tax.

“So I think that the Australian people ought to be very concerned about anything that Mr Rudd might sign us up to in Copenhagen.”

Mr Abbott was seizing on a leaked document [2] from the Copenhagen climate summit that suggested countries like Australia would have to commit to much higher targets.

Full article here [1]

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URLs in this post:

[1] The Australian: http://www.theaustralian.com.au/news/abbott-warns-of-400bn-tax-bill-under-draft-copenhagen-agreement/story-e6frg6xf-1225808741057

[2] leaked document: http://www.theaustralian.com.au/news/secret-deal-leak-exposes-divisions-at-copenhagen-climate-talks/story-e6frg6xf-1225808471132

[3] Buy the DVD here: http://infowars-shop.stores.yahoo.net/faofreprofba.html

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