The rise of Trumpbull

Monday 26 February 2018

There is no accounting for stupid, via The Australian:

Australia’s top business leaders will ramp up calls for the Senate to legislate more company tax cuts after hearing first-hand about the effects Donald Trump’s tax plan is already having in the US.

About 20 business leaders, including Fortescue Metals chairman Andrew Forrest, Wesfarmers chairman Michael Chaney and Rio Tinto chief executive Jean-Sebastien Jacques, attended Washington over the weekend as part of Prime Minister Malcolm Turnbull’s official visit to the US.

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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.