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Sinodinos says cutting personal income taxes boosts spending

Cabinet Secretary Arthur Sinodinos believes cutting company tax cuts will somehow lead to more jobs. (AAP)
Cabinet Secretary Arthur Sinodinos believes cutting company tax cuts will somehow lead to more jobs. (AAP) Source: AAP

Senior government minister Arthur Sinodinos says cutting personal income taxes encourages hard work and boosts spending. His comments come after Treasurer Scott Morrison indicated last week that immediate personal income tax cuts are unlikely to be included in the government's tax reform budget. But Senator Sinodinos says cutting the company tax rate also has positive effects on the economy. Ivan and Selina have the details.


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By Ivan Leung

Source: SBS



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Senior government minister Arthur Sinodinos says cutting personal income taxes encourages hard work and boosts spending. His comments come after Treasurer Scott Morrison indicated last week that immediate personal income tax cuts are unlikely to be included in the government's tax reform budget. But Senator Sinodinos says cutting the company tax rate also has positive effects on the economy. Ivan and Selina have the details.



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