Businesses need customers, not a feel-good few bucks a week – » The Australian Independent Media Network

In order to give some substance to his claim that the Coalition are for lower taxes, Scott Morrison has chosen to bring forward by five years tax cuts already legislated for small and medium businesses. To use his oft-repeated phrase, these are nothing new, they are ‘existing’ legislation, just fast-tracked for an election sweetener as Coalition governments always do.

According to ProMo, this will allow tradies and hairdressers and family businesses to hire more people and give wage rises to their staff and invest more in their businesses.

Sounds good…until you actually examine the real implications of this announcement and which businesses it will affect.

via Businesses need customers, not a feel-good few bucks a week – » The Australian Independent Media Network