The government shutdown provided a short-term version of what some activists have long wanted: A government small enough so that you could ‘drag it into the bathroom and drown it in the bathtub.’
The latest national polls come just days out from Saturday’s Wentworth byelection, which will determine whether the Coalition is forced into minority government.
The estimates have been prepared by the independent PBO, at the request of the Greens. The opposition has repeatedly sought annual figures, but the government resisted the demands.
Comparing companies that receive a tax cut with those that don’t isn’t the right methodology to conclude that tax cuts create more employment or higher wages.
The government is pinning its hopes on making this election all about tax – casting itself as champion of lower tax and Labor as signed up to what Morrison dubs the “high tax club”.
Unemployment rates have risen in Australia while falling in the US. But Australia has experienced a much smaller decline in the proportion of its population who are in work.
Research shows there is a link between tax cuts and increased business investment, but the effect is likely smaller than politicians and businesspeople say.