Australia will fund the reconstruction in the flood areas with a tax increase: high earners to pay a special levy to offset the damage of the floods. Prime Minister Gillard speaks of the "most expensive natural disaster in the history of the continent. Canberra - Australia's government plans a multibillion dollar reconstruction program in the flood areas.
Part of the cost will be financed with a special tax. Citizens with annual incomes of more than 50,000 Australian dollars (the equivalent of 36,000 euros) will pay a special levy in the future of 0.5 percent, announced Prime Minister ia Gillard on Thursday. Of 100,000 Australian dollars runs at the rate one per cent.
Excluded are households that are directly affected by the flood. The government hopes that revenues of $ 1.8 billion. Gillard also announced output cuts in order to relieve the budget. According to Gillard, the floods will cost the state budget after the first rough estimates of around $ 5.6 billion.
They could use the "costliest natural disaster in our history," said the head of government. The gross domestic product will fail because of the severe flooding in the current financial year is expected half a percentage point lower, she warned. At the same time she was convinced that Australia's economy is strong enough to create the reconstruction without additional debt.
The tsunami had destroyed on the east coast in three states roads and railways as well as thousands of houses. Coal mines had closed down, crops failed. The financial loss was estimated at about ten billion Australian dollars. 35 people were killed in the floods.
Part of the cost will be financed with a special tax. Citizens with annual incomes of more than 50,000 Australian dollars (the equivalent of 36,000 euros) will pay a special levy in the future of 0.5 percent, announced Prime Minister ia Gillard on Thursday. Of 100,000 Australian dollars runs at the rate one per cent.
Excluded are households that are directly affected by the flood. The government hopes that revenues of $ 1.8 billion. Gillard also announced output cuts in order to relieve the budget. According to Gillard, the floods will cost the state budget after the first rough estimates of around $ 5.6 billion.
They could use the "costliest natural disaster in our history," said the head of government. The gross domestic product will fail because of the severe flooding in the current financial year is expected half a percentage point lower, she warned. At the same time she was convinced that Australia's economy is strong enough to create the reconstruction without additional debt.
The tsunami had destroyed on the east coast in three states roads and railways as well as thousands of houses. Coal mines had closed down, crops failed. The financial loss was estimated at about ten billion Australian dollars. 35 people were killed in the floods.
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