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October 15, 2007

SMH readers howl down tax cut plan

Like talkback radio, online discussion forums are often infiltrated by hacks pushing party political lines and endorsements of policy. But if Sydney Morning Herald reader comments regarding the Coalition's $34 billion tax cut plan are to be believed, the policy is not exactly universally popular, despite the announcement putting Labor on the back foot and re-inforning their opponent's "good times"economics credentials.

Many SMH readers complain the tax cut cash is a bribe (what do you expect?), will fuel interest rate increases or would be better spent on health, education and infrastructure. In an online poll in The Daily Telegraph, 47 per cent of people said it would not change their vote while 45 per cent said it would make them more likely to vote for the Coalition.

With the Coalition spend-a-thon well and truly in full swing, how far will Kevin Rudd go with his tax policy?

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