Company tax cuts lift jobs growth
The Australian - Page 1 & 4 : 3 May 2018
Original article by Adam Creighton
Roy Morgan Summary
Small Business Council of Australia CEO Peter Strong says an analysis of data on the impact of tax cuts for businesses with turnover of up to $A2m strengthens the case for across-the-board corporate tax relief. The analysis by AlphaBeta shows that 19 per cent of businesses that received the tax cut in 2015 had hired additional staff in the following two years, while three per cent increased their employees' wages. Companies that received the tax cut also created jobs at a faster pace than companies that were just above the turnover threshold.
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