After the Nick Xenophon Team vowed yesterday to vote against progressively reducing the company tax rate to 25% over 10 years, thus scuttling the policy in the Senate, the bawling from the business lobby and other conservative groups has gone into overdrive.
The Business Council of Australia (BCA) has appealed to senator Nick Xenophon to change his parties position, claiming that South Australia cannot prosper without the investment that would magically be delivered by the company tax cut. From The AFR:
