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Greens claim bank levy will raise $1.5b less than expected

May 17, 2017 - 13:45 -- Admin

By Leith van Onselen Greens senator, Peter Whish-Wilson, has claimed that the Turnbull Government’s 0.06% levy on the big banks’ liabilities will raise $1.5 billion less than forecast because the levy will be tax deductible for the banks. From The Guardian: A Greens senator has warned the Coalition’s $6.2bn bank levy could raise $1.5bn less

The post Greens claim bank levy will raise $1.5b less than expected appeared first on MacroBusiness.

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