Our new research brief debunks six myths surrounding the Turnbull government’s proposal to cut the company tax rate to 25 per cent from 30 per cent.
Australia has a high corporate tax rate compared with other nations. Reducing the tax rate will increase investment, which will increase competition, output, and, consequently, the demand for Australian workers. This will raise both wages and employment.
A copy of the report can be read below or downloaded here.
