No evidence company tax cuts has created jobs

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By Leith van Onselen

Economist Saul Eslake has questioned the claim that company tax cuts will create jobs after new data shows that jobs growth in the small business sector, which received the first phase of the Coalition’s company tax cut package, has lagged. From The Australian:

Big business has created the lion’s share of jobs since the government started cutting company tax for small firms in 2015, suggesting the cuts haven’t been enough to spur small firms to hire.

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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.