Peter Costello (Higgins, Liberal Party, Treasurer) Share this | Hansard source

I thank the honourable member for La Trobe for his question. As he knows, from 1 July this financial year further income tax cuts were introduced for Australians, with a cut in the top marginal tax rate, an increase in the thresholds and an increase in the low income tax offset. They have put more money back into the hands of all Australian taxpayers, particularly middle-income earners. I have seen the claim that has been made by none other than the member for Lilley that somehow middle-income earners have missed out.

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