This horrible, stench-packing policy is just typical of this pathetic excuse for a government.
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Weekly Prize - Join Any Time - Tip Round 9
The Golden Ticket - MCG and Marvel Medallion Club tickets and Corporate Box tickets at the Gabba, MCG and Marvel.
This horrible, stench-packing policy is just typical of this pathetic excuse for a government.
Without doubt Turnbull & Libs ' superior economic managers' has been torn to shreds.
The Business council response to the $65bil handout just proves the point.
Business employs on the basis of making a profit from increasing production. Not on the basis of a tax handout. Tax concessions should be for productive improvements. Not to banks & off shore parties who have achieved SFA for the economy.
If you get a tax cut you either give it to shareholders or reinvest it back into price cuts.
Increase wages and shift it to another expense line... just... coz?
WTF?
Planting economic time bombs is the only economic policy that unites the Libs,its all about dismantling medicare by stealth.This horrible, stench-packing policy is just typical of this pathetic excuse for a government.
Conclusion
Across a cross-section of profitable Australian firms, I find no evidence that those which pay a lower effective rate of tax create more jobs. In aggregate, the one-third of Australian companies whose effective corporate tax rate is below 25% shed jobs, while the two-thirds of firms with an effective corporate tax rate of 25% or above were net job creators. These results are robust to the inclusion of controls for firm size and industry fixed effects, as well as to expanding the sample to include unprofitable firms.
https://www.sciencedirect.com/science/article/pii/S0313592618300596
Wow!! All of that growth was due to the tax cuts?! Let's cut tax to zero!!I’m against cutting the tax as I feel 30% with a refundable franking credit is fair for Australians.
That said if you want evidence to the question you ask, take a look at Australia’s growth since cutting taxes since the 1988
Wow!! All of that growth was due to the tax cuts?! Let's cut tax to zero!!
Planting economic time bombs is the only economic policy that unites the Libs,its all about dismantling medicare by stealth.
Nationals are just hillbillys who have no idea who they are supposed to be representing
Your argument was stupid. Hence my stupid response. ITT is a link to some peer reviewed evidence. I'll stick with that for now.Of course not, so no need for stupid comments.
There have been loads of reforms that have lead to this.
The opening post has requested evidence proving lower taxes have resulted in growth and history is our greatest guide.
Your argument was stupid. Hence my stupid response. ITT is a link to some peer reviewed evidence. I'll stick with that for now.
Do you eat bread?Nationals are just hillbillys who have no idea who they are supposed to be representing
It really comes down to how the govt would spend the money vs companies and ultimately the shareholders
Could you produce a graph that shows a line for inflation running besides the one for wages growth? That would be more relevant and justify whether higher wages are justified!