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Tax cuts are one of a series of options the Rudd Government is considering to boost the economy, Trade Minister Simon Crean says.
The Government is reported to be looking at increasing the low-income tax offset, and also the income level at which taxpayers face the 30 per cent tax rate, all in one hit, rather than staggering the changes over the next two years as planned.
Tax cuts are one of the series of options one would look at to stimulate domestic activity, Mr Crean told ABC Radio.
Mr Crean said consumption - one of the pillars of economic growth along with business investment, capital works and net exports - was influenced by tax cuts.
He will use international talks about the global financial crisis in Davos this week to push for further trade liberalisation.
The best way for world growth to grow is to free up the trade flows, to conclude the DOHA round, because world trade grows much faster than world output.
Key welfare groups, meeting Deputy Prime Minister Julia Gillard today to discuss how the sector will cope with a probable increase in unemployment, have welcomed reports the Government is considering tax relief for low-income earners.
The measure is expected to be among a wish list presented to Ms Gillard during the meeting in Sydney.
Tax cuts are one of a series of options the Rudd Government is considering to boost the economy, Trade Minister Simon Crean says.
The Government is reported to be looking at increasing the low-income tax offset, and also the income level at which taxpayers face the 30 per cent tax rate, all in one hit, rather than staggering the changes over the next two years as planned.
Tax cuts are one of the series of options one would look at to stimulate domestic activity, Mr Crean told ABC Radio.
Mr Crean said consumption - one of the pillars of economic growth along with business investment, capital works and net exports - was influenced by tax cuts.
He will use international talks about the global financial crisis in Davos this week to push for further trade liberalisation.
The best way for world growth to grow is to free up the trade flows, to conclude the DOHA round, because world trade grows much faster than world output.
Key welfare groups, meeting Deputy Prime Minister Julia Gillard today to discuss how the sector will cope with a probable increase in unemployment, have welcomed reports the Government is considering tax relief for low-income earners.
The measure is expected to be among a wish list presented to Ms Gillard during the meeting in Sydney.
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