Company tax cuts still don't have Senate support
Attempts by Treasurer Scott Morrison to re-release Treasury modelling to reinvigorate Senate support for the government's corporate tax cuts are set to fail with only a handful of weeks left in the legislative year.
Key Senate crossbenchers remain unmoved by the reiteration of Treasury modelling from May 2016 that shows there would be a long-term boost to economic growth of 45 cents for every dollar of company tax cuts. In the short-term, the fall in company tax revenue would need to be funded either through spending cuts or rising income taxes.
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