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Down Under
Australian Government Worried US Will Take Jobs After Massive Tax Cut
2017-12-23
[DAILYCALLER] Australian Treasurer Scott Morrison sounded alarm bells about the impact of the recently-passed American tax cuts on Australia’s economy.

If Australia doesn’t pass its own version of the Trump tax cuts, Morrison fears the country will take a hit to its GDP of up to 1 percent.
Oh? Is the world to get a virtuous cascade from something that Trump fellow did? How very, very amusing.
Morrison initially proposed a $65 billion tax cut, saying it would add 1 percent to Australia’s GDP. After Trump’s cut, however, Morrison warned that the cuts are necessary for the country’s economy not to contract.

Morrison cited treasury analyses showing that Australia "may experience a significant recessionary impact and a potential downgrade in revenues if it does not lower its corporate tax rate from 30 percent to 25 percent in coming years, in response to Trump’s cuts," according to The Guardian.
Posted by:Fred

#8  World Feels Effects Of Trump Tax Cuts As Money Expected To Pour Into US Markets
Posted by: Anomalous Sources   2017-12-23 18:39  

#7  but what about the childrenZ"!

Nowhere nearly enough Germans are having children, Woodrow, so that’s kind of moot. Unless the concern is about the children of the Moslem colonists.
Posted by: trailing wife   2017-12-23 17:55  

#6  Trump - Leading, others following. Or "Curses. We can't screw the taxpayers as much now." Yes. Fair Dinkum, you chundering mate.

And more winning via Handelsblatt: Germans Fear Huge Loss of Jobs from U.S. Tax Cuts

Guessing the DNC MSM to lead storied news protest talking point, "but what about the childrenZ"!
Posted by: Woodrow   2017-12-23 13:03  

#5  Is it any wonder why the rest of the world loved Obama? "Make America Last Again"

That's what Malia was named for?
Posted by: Frank G   2017-12-23 11:05  

#4  Oh, just wait for the screaming from a world that became accustomed to a sucker USA, one that would always deliberately lose and one that you could always shit on afterwards. We stand up for ourselves and you are going to see them lose it. They can't imagine any other world other than the one in which America acts like an absolute idiot.
Posted by: Herb McCoy7309   2017-12-23 10:37  

#3  It's called competition. It comes about by creating an environment more favorable to U.S. businesses and consumers. It will come about by getting rid of useless regulations, cutting taxes and getting the government of our backs. You may follow suit.
Posted by: JohnQC   2017-12-23 09:51  

#2  Is it fear, or is it a clever excuse for those that hope to push through their own tax cuts.
Posted by: rjschwarz   2017-12-23 01:39  

#1  But it's Armageddon. That's what frozen face said on CNN.
Posted by: anymouse   2017-12-23 00:50  

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