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Greens will oppose company tax cut for big business

Media Release
Adam Bandt 22 Mar 2016

Greens Treasury spokesperson Adam Bandt MP today announced that the Greens will not support any cut to the company tax rate for big business.

“The Greens will not support any attempt to cut the company tax rate for big business,” Mr Bandt said.

“If Malcolm Turnbull and Scott Morrison want to make big businesses pay even less tax, they will need to get the support of the Labor Party.”

"When it comes to paying tax, big business is getting away with murder but the Liberals' response is to offer them a tax cut.”

“It is ridiculous that the Liberal government is even considering cutting the amount of tax that big business pays when the ATO has released data today showing that almost 100 of Australia’s richest private companies paid absolutely no company tax.”

“Now is the time to make big business pay their fair share of tax, not to try make them pay less tax.”

"This budget must be about reducing inequality and securing the country's revenue base to fund schools, hospitals and infrastructure, not handing out unaffordable tax cuts."

“The Greens have a plan to end unfair tax breaks that benefit the very wealthy and bring in the revenue we need to properly fund our schools, hospitals and infrastructure.”

Media contact: Adam Pulford, 0429 109 054

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