SCENES FROM THE JBS AUSTRALIA PTY LIMITED BOARDROOM UPON HEARING THE NEWS OF THE CORPORATE TAX CUT
Tony Abbott – cutting company tax, slugging pensioners and working families while big business is raking in the cash
On 13 May 2014, JBS Australia Pty Limited filed with the Australian Securities and Investments Commission its financial accounts for their Australia operations for the year ending December 2012.
They made $76.6 million in after tax profit.
Tony Abbot obviously thinks these battlers on struggle street are doing it tough. He’s about to cut the company tax rate to help these needy souls a bit more.
If his proposed tax cuts for companies had of been applied to these accounts, they would have raked in a further $1.8 million.
Is this guy for real?