Voters in Turnbull's electorate oppose business tax cut Read moreHinch remains at the table, but has publicly flagged conditions the government won’t accept. The Australian Council of Trade Unions on Thursday joined the progressive push against the bill on Thursday, writing to cross-bench senators urging them to block the tax cuts. It labelled Business Council of Australia claims that tax cuts would trickle down to workers “a fantasy” and “a con”, noting that workers’ wages had flatlined despite improved corporate profitability. Denying company tax cut to big business 'economically damaging', crossbenchers told Read moreThe ACTU noted on Thursday that half the signatories to the BCA letter did not even pay tax. “These tax cuts will transfer wealth from working people to CEO bonuses,” the ACTU said.
Source: The Guardian March 22, 2018 08:37 UTC