The ABC’s chief economics correspondent Emma Alberici.
In a fairly spectacular piece of ideological constipation the government decided late in the week to have an article pulled from public domain about corporate tax cuts and the relationship of these with wage growth.
The article – still available here – by ABC journalist Emma Alberici, which I thought well written, essentially posited that there was bugger all relationship between corporate tax cuts and wages growth. Beyond that it noted that in Australian’s case corporate taxes were not particularly onerous and that a large number of companies didn’t pay them, that corporate taxes had a marginal relationship with investment decisions, and that if Australian corporate taxes were reduced then the biggest likely beneficiaries would be large multinationals and investors in these rather than employee wages. Continue reading