Greg Jericho
Chief Economist

A question in this treasurers’ ‘debate’ suggests we have the 3rd least competitive company tax rate in the OECD and wants to know if either party will introduce any new taxes on business?

And well. My god. The answers from Angus Taylor go to the ALP getting rid of the Tax to GDP guardrail (or cap) of 23.9% of GDP.

Cripes that just shows how dumb this debate is.

As Jim Chalmers points out the ONLY government that has ever raised more tax than 23.9% of GDP is the Howard government. Cripes we’d love to get them much revenue