| And while the Prime Minister says this is record funding, an increase of 25 per cent, according to the Opposition it's mainly just indexation. |
| The current method of wage indexation was created in 1977, under the Carter Administration. |
| For assets acquired before that date, either the exemption rule or frozen indexation may be used. |
| This is, however, the inevitable result of any change in the mechanics of an indexation formula. |
| Full indexation is a fundamental break with the past and is a measure requested by many of my constituents. |
| This will facilitate full indexation of tax bands, possible tax cuts and increased spending in politically sensitive areas. |
