Julia Gillard Announces Increase In Medicare Levy


Australian Prime Minister Julia Gillard and Disability Reform... News PhotoArrival,Australia,Australian Culture,Government,Julia Gillard,Melbourne - Australia,Politics,Press Conference,Prime Minister,Reform,VerticalPhotographer Collection: Getty Images News 2013 Getty ImagesMELBOURNE, AUSTRALIA - MAY 01: Australian Prime Minister Julia Gillard and Disability Reform Minister Jenny Macklin arrive for a press conference at the Commonwealth Parliamentary Office on May 1, 2013 in Melbourne, Australia. Gillard has announced that the Federal Government will increase the Medicare levy on income tax from 1.5 to two percent to help fund the National Disability Insurance Scheme (NDIS). The levy will begin on July 1, 2014 and is expected to raise around $3.2 billion annually towards the NDIS which is expected to cost $8 billion per year. (Photo by Robert Cianflone/Getty Images)