Blocking company tax cuts will leave economy stranded: Scott Morrison
The ailing budget bottom line has made it all the more important the Senate passes $50 billion in cuts to company tax, Treasurer Scott Morrison says.
After Labor seized on an independent forecast predicting a $24 billion worsening of the deficits over four years as a reason to abandon the cuts, Mr Morrison said they were needed to stimulate wage growth and profits, both of which generated revenue for the government.
Read the full story at the Australian Financial Review.
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