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 FAIL: Centrepiece of ex-OZschwitz PM's last budget failed to deliver promised economic 'turbo-boost'

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RR Phantom

RR Phantom

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FAIL: Centrepiece of ex-OZschwitz PM's last budget failed to deliver promised economic 'turbo-boost' Vide
PostSubject: FAIL: Centrepiece of ex-OZschwitz PM's last budget failed to deliver promised economic 'turbo-boost'   FAIL: Centrepiece of ex-OZschwitz PM's last budget failed to deliver promised economic 'turbo-boost' Icon_minitimeSat Mar 12, 2016 5:25 pm

The small business package central to Tony Abbott's final budget does not seem to have delivered the promised turbocharge to Australia's economy.

FAIL: Centrepiece of ex-OZschwitz PM's last budget failed to deliver promised economic 'turbo-boost' 1457776362731

The so-called "Tony's Tradies'' package, which is set to cost the budget $5.5 billion over four years, was designed to provide a platform for the Abbott government's re-election plans.

It included a cut in the small business tax rate of 1.5 per cent, and the ability for companies with revenue under $2 million to claim an unlimited number of tax deductions for items that cost less than $20,000 each.

Read more: http://www.smh.com.au/federal-politics/political-news/centrepiece-of-tony-abbotts-last-budget-fails-to-deliver-promised-economic-turboboost-20160311-gngnk6.html#ixzz42jKrUcdU
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FAIL: Centrepiece of ex-OZschwitz PM's last budget failed to deliver promised economic 'turbo-boost'

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