|
au Property Drive IT News IT Jobs Opinion Education Entertainment Books Travel Vision21 Food Movies S E R V I C E S Classifieds Subscribe SOLD. 2 billion a year over its planned cuts to corporate tax rates, the Federal Treasury has revealed. In a written reply to a question from Labor's spokesman on financial services, Senator Stephen Conroy, Treasury has revealed that barely half the long-term revenue cost of the corporate tax cuts would be recovered from scrapping accelerated depreciation. The long-term revenue gap is two-and-a-half times the amount shown in the Government's business tax statement. 35billion a year, on top of those already identified by Labor and the Democrats, if the business tax reforms are to be revenue neutral. |
 |
John Howard's Record on Banks Since John Howard was elected, 1,505 branches have closed - over 350 in the last year. John Howard has said that banks have social obligations - but he has taken no action. Labor has called for the Federal Government to bring the banks together to establish a social charter of community obligations. Legal Issues - Privacy, Credits, Copyright, Disclaimer. . |