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Old 18-03-2009, 09:41 PM   #1
Romulus
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Join Date: Sep 2005
Location: Ivory Tower
Posts: 5,414
Default Alcopop tax killed in the senate.

A blow to the Labor government, Senator Steve Fielding sided with the Opposition to oppose the bill. The Fed government is now forced to hand back $300million to RTD companies, and is set to lose $1.6 billion in revenue.

I believe the alcopop tax was nothing more than a tax grab, and would have had no effect on alcohol consumption. Australian has a booze culture, it wouldn't matter how high the price of alcohol was the consumption will remain.

What are your thoughts?

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