Minister for Industry , Innovation and Science, Senator Arthur Sinodinos, has accused Federal Member for Dobell, Ms Emma McBride, of putting her political self-interest ahead of the best interest of workers, business owners and families in Dobell, for not supporting the Turnbull Government’s tax cuts. The Turnbull government tax cuts apply to “small and medium businesses” with an annual turnover of up to $50 million and will come into effect from July 1. Mr Sinodinos said there were 12,983 businesses in Dobell that would benefit from a reduction in their tax rate to 27.5 per cent.
“As a result, hardworking business owners will be in a stronger position to grow and expand their operations which will generate new employment opportunities for locals. “This is particularly important here on the Central Coast where we see a large number of people commuting to Sydney and Newcastle on a daily basis for work. “The question for Bill Shorten, Emma McBride and Labor is simple. “Will they support Central Coast businesses to grow and create more jobs?” Mr Sinodinos said.
Ms McBride responded to Senator Sinodinos’ questions with her own, asking “what works best for our community? “Labor has always supported tax cuts for small businesses with a turnover of $2 million or less. “Almost every business on the Central Coast is in this category. “Budgets are about priorities and the Government’s plan will cost around $50 billion which could be invested in schools, hospitals and infrastructure,” Ms McBride said.
Source: OP-ED, Apr 12, 2017 Luke Nayna, office of Arthur Sinodinos Media statement, Apr 21, 2017 Emma McBride, Federal Member for Dobell Jarrod Melmeth, Journalist