Straya enters the end-of-cycle tax scab grab

Friday, 9 February 2018

Corporate tax cuts are dead. Long live corporate tax cuts! Via the AFR:

Malcolm Turnbull has vowed to take his company tax cuts to the next election if necessary, as the government faces a tough battle with the Senate to pass the remainder of the $65 billion package.

After legislation for the remainder of the cuts passed the House of Representatives, Mr Turnbull said he intended to secure Senate support this term. But if not, he said he was prepared to take the fight up the Labor leader Bill Shorten at the election.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.