Tony Abbott gives it to Kevin Rudd, hard.
Mr Abbott said Mr Rudd hadn’t really terminated the carbon tax and had instead admitted it was hurting business and families.
‘He’s not the terminator, he’s the exaggerator,’ he said.
‘The only way to get rid of the carbon tax is to get rid of the government.’ Â
No one really believes Kevin Rudd and his promises to dilut the carbon tax for an ETS. Abbott was responding to Rudd’s claims that he is terminating the tax.
Kevin Rudd says shifting the carbon tax to an emissions trading scheme in 2014 will save households about $380 a year.
The $3.8 billion, four-year cost of fast-tracking the carbon pricing regime means Labor must make budget savings, including public service job cuts and changes to fringe benefits tax breaks.
‘The government has decided to terminate the carbon tax,’ Mr Rudd told reporters in Townsville on Tuesday.
Under the plan, which would be implemented if Labor wins the federal election, the carbon price would fall from a fixed $25.40 a tonne in 2014/15 to around $6 a tonne under the floating regime.
Labor will make up the gap with $3.9 billion in savings, half of which will come from removing a tax concession on the personal use of salary-sacrificed or employer-provided cars and cutting about 800 public service jobs.