House debates

Thursday, 30 March 2006

Questions without Notice

Taxation

2:24 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. Has the Treasurer had the opportunity to read today’s editorial in the Financial Review that describes the tax system as ‘a dysfunctional accident of design’? Is the Treasurer also aware that the editorial states that the tax system imposes ‘some of the worst effective marginal tax rates in the OECD on middle-income’ earners? Does the Treasurer agree with the editorial’s conclusion that ‘Income tax reform is a major piece of unfinished business from the Treasurer’s 10-year’ reign; and ‘it is also the test of whether he’ is ‘up to the top job’?

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