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2010-04-12

Abbott ponders a bad move in business tax

Comments on Dennis Shanahan “Abbott to woo small business with tax breaks”, http://www.theaustralian.com.au/business/small-business/abbott-to-woo-small-business/story-e6frg9hf-1225852508785

Abbott is moving to a dangerous territory here.

It will make the company tax more complex than necessary and will be inefficient.

He will benefit from waiting to see what is in the Henry Tax Review recommendations to see how tax reforms should be undertaken, as opposed to moving in the wrong direction.

Abbott is trying to match up with Rudd's populist approach, at the expense of integrity.

That is not good for Australia.

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