Corporate Tax Cuts – No Deal

MEDIA RELEASE

Queensland Senator and One Nation leader Pauline Hanson has denied reports the Turnbull Government issued draft policy plans to exclude banks with assets worth more than $500 billion dollars, in a last ditched attempt to resurrect Company Tax Cuts.

“I have always maintained an open door policy with members of the Government and Opposition on corporate tax cuts, however Senator Georgiou and I have remained firm on our decision not to raise the threshold before parliament broke in June,” Senator Hanson said.

“In a parting comment by Minister Cormann, he suggested carving out the banks to secure One Nation votes, to which I said my decision was firm. No draft legislation was ever received and I can confirm, Senator Georgiou did not receive this alleged document either.”

“This Government along with previous have left zero fat in the budget in order to pay down debt. Until multinational companies are pursued and forced to pay their fair share of taxes, and we stop allowing oil and gas companies to rape our resources without paying adequate royalties, I cannot justify cuts beyond $50 million dollars that One Nation was instrumental in securing for small to medium size businesses in this country.”

“If the Government have billions of dollars left over in their forecast budgets, I suggest they come with me and we start pegging out new dams, roads, railways and other vital infrastructure they keep avoiding. It’s time we start nation building programs which will benefit all Australians instead of trying to appease the Liberal and Labor parties greedy corporate donors.”

Senator Hanson has also suggested the Government work with State counterparts to investigate reducing payroll tax which is a bigger impost on business across the nation and will stimulate jobs in Australia.

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