Well here's a fact: Treasury says two thirds of benefit of company tax cut goes to workers http://www.treasury.gov.au/PublicationsAndMedia/Publications/2014/Economic-Roundup-Issue-1/Economic-Roundup-Issue-1/The-incidence-of-company-tax-in-Australia …https://twitter.com/bernardkeane/status/726897354519904256 …
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@BernardKeane@mpotter98 Why do we need to cut a tax that no companies pay at full rate anyway?! -
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@shaunrowland@BernardKeane in 2013-14, 568 of top 1859 companies paid 30% tax rate, see https://data.gov.au/dataset/corporate-transparency … -
@mpotter98@BernardKeane so less than a third! But yet, this is seen as a budget priority. Please. -
@shaunrowland@BernardKeane greater than zero. -
@mpotter98@BernardKeane So the real issue is with 2/3 of companies NOT paying tax not the 1/3 that are.
End of conversation
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