鈥淏usinesses like making profits鈥, said Labor leader Julia Gillard on ABC鈥檚 Q&A on August 9. She was explaining why Labor opposed the Coalition鈥檚 proposal to raise the company tax rate by 1.5%. 鈥淚f they鈥檝e got to pay more tax and that鈥檚 going to cut into their profits, then they鈥檒l think of a way of adding a bit more profit.
鈥淲hat鈥檚 the best way of adding a bit more profit in? They put up prices.
鈥淚t, you know, just stands to common sense reason, doesn鈥檛 it?鈥
The Greens lead NSW senate candidate Lee Rhiannon agrees.