Frydenberg challenges corporate Australia to rein in share buybacks and dividends, page-7

Mate , I'm talking about the failure of the purported trickle down voodoo economic theory.

Did Trump’s tax cuts boost hiring? Most companies say no

https://www.pbs.org/newshour/economy/making-sense/did-trumps-tax-cuts-boost-hiring-most-companies-say-no

Appearing before a Parliamentary Committee in Sydney this week, Reserve Bank Governor Philip Lowe cautioned the Government against going into debt to fund a corporate tax cut:

"If we were to respond to this competition by having lower tax rates here, it's really important that that doesn't come at the expense of high budget deficits. And in the US what we're seeing at the moment is exactly the reverse of that … I think that's very problematic."

Where's the next iron ore boom coming from ?

Raider