From this: CEOs surveyed in the monthly Business Spectator Accenture CEO Pulse want Prime Minister Julia Gillard to fix the RSPT fast, and preferably drop the tax entirely which is remarkable when you consider that the resource super profits tax is financing a cut in the company tax rate.
To this: Business tax relief 'essential for economic recovery' The Australian Chamber of Commerce and Industry (ACCI) says the Federal Government should go ahead with business tax breaks even if it cannot strike a deal on its proposed resource super profits tax.
The revenue from the super profits tax is supposed to pay for a 2 per cent cut in company tax rate and more assistance for small businesses to write-off assets.
Chamber chief executive Peter Anderson says those measures must go ahead regardless.
"That tax relief for business and small employers is essential for Australia's economic recovery, it is essential if the private sector is going to take up the slack as the public stimulus withdraws from our economy," he said.
