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Earlier this month, Business Council of Australia (BCA) president, Grant King, claimed that “Australia’s high company tax rate is wage theft on a grand scale”.
Now King has delivered another self-serving rant, simultaneously attacking the ACTU while again spruiking that company tax cuts are needed to lift investment and wages. From The AFR:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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