Australian Treasurer: Trump’s Tax Cuts Place Australia’s Jobs, Investments, and Wages In The Crossha

[endicom]

Townhall
Matt Vespa
Dec. 23, 2017

So, it looks like the Trump effect has gone international. After signing the most extensive tax reform in 30 years into law today, Australia’s treasurer warned his country that the Land Down Under could be left in the dust. The economy risks a one percent reduction in GDP if they don’t respond to our tax package, especially the corporate tax rate. Treasurer Scott Morrison said if parliament doesn’t act, Australian jobs, wages, and investments could be put in the crosshairs. Morrison is prepping a $65 billion cut of his own as well (via The Guardian):

More... https://townhall.com/tipsheet/mattvespa/2017/12/23/australian-treasurer-trumps-tax-cuts-place-australias-jobs-investments-and-wages-in-the-crosshairs-n2426387

[dfwgator]

Suck it up, buttercup.

[endicom]

Suck it up, buttercup.

I have no wish to harm Australians, Germans or any people but that's right. If lowering our business taxes (passed through to consumers) upsets another economy then maybe that other government should get a clue.

[dfwgator]

I have no wish to harm Australians, Germans or any people but that's right. If lowering our business taxes (passed through to consumers) upsets another economy then maybe that other government should get a clue.

And the fact is, everyone benefits from a strong US economy.

[Bigun]

I have no wish to harm Australians, Germans or any people but that's right. If lowering our business taxes (passed through to consumers) upsets another economy then maybe that other government should get a clue.

   I just wish we could have done it right and completely unshackled this economy.
 

[truth_seeker]

And the fact is, everyone benefits from a strong US economy.

That is very true. Aussies are cool. Much like Americans, with their "old west" frontier ethic, etc.

[Fishrrman]

Well, Aussies, time to lower YOUR taxes, too!

[To-Whose-Benefit?]

Well, Aussies, time to lower YOUR taxes, too!

Amazing how fragile bloated, Big Govt actually is, wherever you find it.

Another country on the other side of the planet lowers its own taxes, and the others turn into Chicken Little.