BBC News - Australian Prime Minister unveils new flood tax - 0 views
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The Australian government has announced a new tax to help pay for the devastating floods over the past month.
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half of the five-billion dollars the federal government needs.
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no-one earning less than $50,000 or anyone affected by the flooding would pay.
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What are the effects of the Australian Floods? Citation:"Australian Prime Minister unveils new flood tax" http://news.bbc.co.uk/2/hi/programmes/gmt/9378347.stm Summary:Australia is creating a new tax to help the people affected by the flood. They've excluded those affected by the flood and those who make less than $50000 a year. They need to raise quite a bit of money, and this should get them about half way. The Australian Gov. is also cutting many costs to help raise more money Analysis: This is good news. They have a plan for raising the money they need. This new tax should be a good start. They were smart to tax only those making more than $50000 and who weren't affected by the flood because those aren't the people who need help. Questions:1. How are they defining "affected by the flood"? That could include almost everybody.2. How much are they taxing each person?3. How do the Australian people feel about the tax?