Well the signals are going out to say the future tax cuts may not eventuate. The reason being given is the economic down turn. There seems to be some sort of irony in this as the tax cuts were one of the major planks put forward in the last election campaign. Another inferred justification is that the initial tax cuts which were meant to be the first of three are not stimulating the economy as it was thought they would. People have not rushed out and spent their extra money preferring to save the money or use it to service debt. I also think that many have used the money simple to help bridge the ever widening gap between the out goings and the income received.