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The Australia Institute’s podcast series, Follow the Money, this week takes on Company Tax. What is it? How much does it raise? Who pays it? Who is saying that we should cut it, and ‘cui bono’ – who benefits?

Contributors:

Produced by Jennifer Macey – @jennifermacey

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Recent reports by Dave Richardson on Company Tax:

Cutting the Company Tax rate – Why would you?

Company Tax: What the evidence shows

You can subscribe to The Australia Institute’s podcast series Follow The Money on iTunes. Each episode busts some economic myths, interprets econobabble and helps you sound really smart at your next dinner party. 

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10 reasons why Australia does not need company tax cuts

by Jack Thrower

1/ Giving business billions of dollars in tax cuts means starving schools, hospitals and other services. Giving business billions of dollars in tax cuts means billions of dollars less for services like schools and hospitals. If Australia cut company tax from 30% to 25% this would give business about $20 billion in its first year,