Mssrs Rudd & Swan want to increase SGC from 9% to 12%.
Can sks please explain to me where they have stated who is going to pay for this?
They did announce company tax will decrease from 30% to 28% so companies making a profit are partly funded.
What if company is break even point, who pays 3% SGC?
What if business does not operate in company structure, who pays 3% SGC?
Quite simply small business will not and cannot carry the burden of 3% rise in SGC.
Will employees have to sacrifice future pay rises in lieu of SGC? How can this happen as we do not operate under National Award system.
Is this another of Labors policy that is made on the run with very little substance and detail that will require many $ to be thrown at it to neuralise later on.
super guarantee
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