Absolute rubbish! We’ve seen how trickle down economics works. It doesn’t. That has been demonstrated repeatedly in Western countries the World over. Money saved becomes increased profit and is funnelled to exec pay and to shareholders.
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And then, as we're once again being reminded in Europe, gets funnelled into tax havens .....
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Only thing that increased in Canada was corporate cash hoarding https://cpj.ca/sites/default/files/docs/files/FS4-Lower%20Corporate%20Taxes-Who%20Benefits.pdf … https://www.policyalternatives.ca/sites/default/files/uploads/publications/National%20Office/2015/11/Do_Corporate_Income_Tax_Rate_Reductions.pdf …pic.twitter.com/j4ohbRDyam
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More neoliberal economic logic based on a fallacy.
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Hi BCA! Can you please advise how many public companies pay an effective rate of tax equal to 30%? Mightily curious.. TIA
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If the tax rate is 30% and LNP lets everyone offshore their profit, is the tax rate 0%?
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cuts in company tax only really benefit OS investors. With Franking Credits no net gain for Australians at all
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Thanks Bernard for shining a light on the obvious falsehoods.
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And now they want pensioners to buy their already paid for pensions.shame on the big end of town Kate Carnell..
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Another ghastly ex-polly womin, This one was responsible for the death of Little Katy Bender..! Wonder if her mother has any super this monster some say over..?
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Yeah but shareholders' takings are going GANGBUSTERS!!!
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Right wing UNIONS like the BCA are allowed to tell lies Bernard.
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Thank you Bernard.
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To be fair, if they told the truth they'd be out of a job :-)
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UK 19% It's all relative.
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Is company tax rate the only factor affecting wages growth? Doubt it.
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Small matter in the GFC in the midst of that Bernard. Please make even a small attempt at professionalism.
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Oh, now you want to acknowledge the GFC!
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