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Company tax cuts still don't have Senate support

Jacob Greber
Jacob GreberSenior correspondent

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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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Jacob Greber writes about politics, economics and business from Canberra. He has been a Washington correspondent and economics correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com

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    Original URL: https://www.afr.com/news/economy/morrisons-company-tax-cuts-still-dont-have-crossbench-support-20171108-gzh0v5