the next question is??? how do the Lib's recover from this?? Can they really cancel any carbon tax??
Given that Julia's tax reform's take effect from July 2012 and the next election is not until (at the latest) Nov 2013..can the Liberals change the tax scale back??
If they can't get tax from "the people" where does the money come from??
A Liberal govt would only be able to get rid of the carbon tax if the Greens no longer controlled the balance of power in the senate.
So for all Abbott's tough talking, he can't do anything unless he has control of the senate. Which he may have after the next election, we'll have to wait and see.
The thing that gets me is that Tony is promising to keep the tax cuts, scrap the carbon tax and still have bigger surpluses. Not sure how he'll do that.