Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 1-Aug-17

Business Council of Australia CEO Jennifer Westacott has criticised Opposition Leader Bill Shorten for claiming that reducing the company tax rate will adversely affect economic growth. She notes that Shorten has previously argued that a lower company tax rate would boost productivity and investment, resulting in higher economic growth and wages. Prime Minister Malcolm Turnbull has criticised Shorten’s proposal to tax the distributions of discretionary trusts, which are used by some small and family businesses.

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