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Half the Australian businesses that got a tax cut have banked the cash Half the Australian businesse, page-3

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enoggera

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03/05/18

08:20

Post #: 32846572
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Originally posted by raiderup ↑

Half the Australian businesses that got a tax cut have banked the cash

The figures show 51 per cent of businesses banked the cash, 27 per cent lifted their investment, 19 per cent hired more workers, and 3 per cent raised wages. The average tax cut was worth $2940.
The Turnbull government has argued that expanding the tax cuts will lead to increased investment, greater employment and higher wages, and are urgently required to keep Australia internationally competitive.
www.watoday.com.au/federal-politics/political-news/half-the-australian-businesses-that-got-a-tax-cut-have-banked-the-cash-20180502-p4zcuo.html
The modelling is stuffed.
Raider

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Might ask Chris Bowen why he thinks corporate tax cuts are such a great idea. He even wrote in his book about it.
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