Prices set to rocket under carbon tax ?

Well according to the Daily Tele, prices have already started to rise due to the carbon tax.

A 1.4 kilo of leg of a lamb will be up 15 c , carrots and potatoes up 1c each and gravy by less then 2c. Peas will go up 10c a kilo. A case of beer up 9c. Onions up 5c a kilo.

Virgin Airlines air fares one way Sydney to Melbourne, will jump up to a $1.50.

The good news !!!!!!!!!!!!!!

From 1 July, people earning less than $80,000 a year will see a tax cut. So  mak sure you have a good look at your next pay, and have a good look at what’s happened with your tax.

If you earn less than $80,000 a year you’ll see a tax cut. Many people will see a tax cut of $300. But in particular, people who work part-time, people who earn less than $18,200 a year should have a good look at their next pay packet.

The government is  tripling the tax-free threshold, and what that means is that a million Australians won’t pay tax. They won’t have to lodge a tax return. They won’t pay tax.

There will be more than 600,000 Australians who, for the first time, will look at their next pay packet and see that they’ve gone from paying tax to paying no tax at all. That is, they’ll get to keep every dollar they earn.

So, for Australians who work part-time, or for self-funded retirees who make ends meet by relying on a bit of investment income, they will see those big tax cuts, some in the order of $600 or $500 because of the tripling of the tax-free threshold. So for many Australians around the country, they’ll see a tax cut from 1 July.