Labor’s big tech challenge will only get harder under Trump
The big US-based tech companies Labor is seeking to rein in are growing more powerful in Washington, and the government’s crackdown could be a major sticking point in trade negotiations.
The Australian Financial Review supports the argument that lower taxes encourage private sector investment and risk-taking necessary to underpin a productive and prosperous economy.
This masthead therefore champions reducing Australia’s internationally uncompetitive 30 per cent company tax rate. This would help spur the investment required to grow successful enterprises that provide well paying jobs and create wealth for Australians.
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The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
