Company tax

So Tony Abbott wants to cut the company tax rate by 1.5%. I’m not across this issue enough to know whether this is a good, bad or indifferent thing, although I note that even in the business community there are divided opinions on this.

What I do know is that with all the tax cutting Tony Abbott is promising (mining tax, carbon tax, company tax) its still completely opaque how this fits with his promise to cut government debt and balance the budget.

 

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