Th AFR’s Phillip Coorey has done a good job describing the conundrum facing the Turnbull Government with respect to its company tax cut policy:
Inevitably, in the wake of this week’s events, there are murmurs among the Nationals and some others on the backbench to dump the cuts rather than fight for them at another election. This is the most politically expedient option. The $35 billion could be “repurposed” for other measures, such as matching or even bettering Labor’s promise to outbid the budget’s income tax cut for low and middle income earners.
