Treasurer wants to cut company tax. Australians need a pay rise
Scott Morrison is calling for Trump-style tax cuts.
The Federal Treasurer has just been in America, where initial results of Donald Trump’s corporate tax cuts have shown a positive economic response.
President Trump slashed the company tax rate from 35 per cent to 21 per cent, and there are also incentives and allowances for investment.
[Thread] This is where we’re at. Workers haven’t had a meaningful pay rise in years. Meanwhile, company profits are up a healthy 40%.— Queen Victoria (@Vic_Rollison) January 30, 2018
'Australians need a pay rise': Bill Shorten says. Morrison: weak wage growth doesn’t contribute to rising inequality https://t.co/jnVo5vxiGY— Paul Barratt (@phbarratt) October 11, 2017