PM '100 per cent' rules out business tax cuts amid ALP ad blitz

Prime Minister Scott Morrison has "100 per cent" ruled out tax cuts for larger businesses in the next term of Parliament in the face of a new scare campaign from the Labor Party to be run through the final days of the election.

The advertisements feature Mr Morrison when he was treasurer and prosecuting the case for a 25 per cent company tax rate for all businesses, saying he did not "flip and flop" around issues.It also features Mr Palmer, whom One Nation leader Pauline Hanson has accused of trying to get her support for the Coalition's tax cuts ahead of the Senate vote that ultimately ended the policy.

"Does anyone think Mr Morrison doesn't have one of the biggest IOU cheques in history to Clive Palmer if he gets returned? Clive Palmer ain't going into politics to raise taxes for big business, is he?" Mr Morrison rejected completely the suggestion a Coalition government would return to a business tax cut plan.will not be increasing or reducing taxes for businesses of more than $50 million in the nextMr Morrison denied ever having a discussion with Mr Palmer's party about a deal for a possible business tax cut.

swrighteconomy 100% ruled out as not Labour policy and Morrison will be in opposition (leader?)

swrighteconomy And these magic beans will make you a fortune....... Fairy tales, he's nothing but fairy tales.

swrighteconomy

swrighteconomy So now Scooty is flip flopping on tax cuts he has talked about for months ScottMorrisonMP, great leadership

swrighteconomy As if we’d trust this c**t.

swrighteconomy Core or non core... Stay tuned to find out it's non core so can be broken a la Mr turdbull.

swrighteconomy The businesses could not care less, because we can choose how much profit we want to write! All we have to achieve is staying in the Budget.

swrighteconomy Na, now with his flat tax rate, he'll give $80b in tax cuts straight to the shareholders. Same thing.

mariefielding2 swrighteconomy Dont believe it...full stop.auspol

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swrighteconomy Ok Scott

swrighteconomy And has the LNP made promises before ?

swrighteconomy Just like little Johnny did prior to the GST

swrighteconomy Just wondering is that like there will be no GST ?

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Scott Morrison rules out revisiting big business tax cuts | Sky News AustraliaPrime Minister Scott Morrison has ruled out revisiting big business tax cuts following the release of a new attack ad from Labor. \n\nThe advertisements suggests that if re-elected, the Coalition will reconsider the corporate tax cuts, particularly after forming a preference deal with Clive Palmer.\n\nMr Morrison says he can ‘absolutely, 100 per cent’ rule out revisiting the policy.\n\nThe Prime Minister made the promise while campaigning in the Nationals-held seat of Cowper on the NSW mid-north coast, believed to be under serious threat from Independent Rob Oakeshott.\n\nImage: News Corp Australia\n\n\n\n\n\n\n 😂 I think I may have just seen a flying 🐖
Source: SkyNewsAust - 🏆 7. / 78 Read more »