In June 2016, Malcolm Turnbull proposed a 10 year $50 billion corporate tax cut. If re-elected, Turnbull would reduce the tax rate on companies who earn less than $10 million by 1% to 27.5%. The following year the tax cut would apply to companies who earn less than $25m. Turnbull plans to pay for the cuts by reducing the number of superannuation tax concessions.
@9ZR2LN51mo1MO
All taxes should be lowered except for sales tax, tariffs and taxes on non Commonwealth realm companies
@9N9NYLW7mos7MO
Not for now, we should however be creative with our taxation rather than focusing on taxing on Income and Profit
@92KKB7V3yrs3Y
My knowledge of that matter isn't developed enough to have an opinion.
No, because the tax cuts are beneficial on an aggregate scale, but are easy for loopholes and not beneficial and inclusive of other lower income workers.
@92SZ42J3yrs3Y
It is unfair to assume that all small businesses turnover $50 million dollars. There should be a 10% corporate tax on MICRObusinesses that have a turnover of less than $500,000.
@92DNJGB3yrs3Y
Yes, as long as tax evasion is ended.
@8Y22ZR4Independent3yrs3Y
Only if we have a dinner with him.
@8VZJKF83yrs3Y
I don't have enough knowledge on this topic to have an opinion.
@97TH62W2yrs2Y
Crackdown on evasions, deductions and loopholes first.
@96FVK5J2yrs2Y
No, set a flat tax of 20%
@93P824Y3yrs3Y
No, corporate tax should remain the same until the national debt is significantly reduced
Deleted2yrs2Y
Yes, as long as spending is cut even more
@92YQLJC3yrs3Y
isn't MT's opinion necessary.
@92M7KSS3yrs3Y
Don’t know enough about it
@92LCPY43yrs3Y
No. Every corporation gets a cut or none gets a cut
@92MGGT93yrs3Y
Yes, but only if the cap for companies was $5 million increasing to $10 million. This would help to stimulate our small business driven economy
@8ZHYJ6PIndependent3yrs3Y
Only if it pertaining to small businesses
@8Y7BS493yrs3Y
Malcolm Turnbull is no longer relevant and has been removed...thankfully
@8D2H6GM4yrs4Y
I don’t support Malcolm Turnbull in general.
I do agree with it to a point but there needs to be regulations in place to make sure spending stay within Australia to help boost Australian production and employment
@8YP2T5TLiberal Democrat3yrs3Y
Government should not be in a position to offer tax cuts
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