Pauline kills Government tax package (or not!)

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Sounds a bit more final:

Pauline Hanson has ruled out supporting Malcolm Turnbull’s big business tax cuts.

The One Nation leader said she had made a final decision this morning to vote against it after a conversation with fellow One Nation senator Peter Georgiou.

She said would not support a reduction in the tax rate for businesses with a turnover of $50 million or more. She said there was no more room for horse trading.

“Let them take it to the next election, let’s see what the people say,” Senator Hanson told 3AW radio.

“We’re standing firm on it, we’re not supporting corporate tax cuts. “It is not changing. I have sent a message to Minister Cormann this morning so he knows.”

But who knows!

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.