Malcolm Turnbull says Coalition will not take corporate tax cuts to election

PM says energy supplement will stay as final tranche of tax package defeated among leadership chaos

Malcolm Turnbull has admitted defeat on his controversial corporate tax cuts, saying he will no longer take big business tax cuts to the federal election.

His change of policy has come after the Senate rejected his remaining multibillion-dollar tax cuts on Wednesday.

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from The Guardian https://ift.tt/2Lf6O8w
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