Budget 2009, announced by Finance Minister Jim Flaherty on Tuesday, proposes significant new personal income tax relief that will provide immediate benefits, particularly for low- to middle-income Canadians.
President Obama’s economic recovery plan took another step closer to fruition on Wednesday after the United States House of Representatives voted to support a tax cut and spending package totaling USD819bn.
Malcolm Turnbull, the leader of Australia’s opposition party, the Liberals, has urged the country’s Treasurer Wayne Swan (pictured) to bring forward the tax cuts proposed in recent months by the Rudd government.
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