An independent senator has labelled the government’s rush to legislate its tax overhaul “farcical”.
The government is negotiating with the Greens as it seeks support for the bill to wind back the capital gains tax discount and negative gearing.
After a snap two day inquiry into the changes last week, the prime minister announced carve-outs for small businesses and start ups.
But David Pocock, who was on the inquiry, says there are other issues in the bill that requires scrunity.
“It’s farcical to think that you can look at a bill this size and actually get it right in two days,” he told ABC’s AM.
“The senate is the house of review and I think we should be doing our jobs and so we have get it right when it comes to start ups and capital going into them and how we actually keep starts here in Australia as they grow.”
