Malcolm Turnbull (Wentworth, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is addressed to the Treasurer, and I refer him to his remark earlier in question time that the policy decisions in his budget had been to reduce taxation. Would the Treasurer explain to the House why, then, Budget Paper No. 1 states:

Policy decisions ... are expected to increase taxation revenue by $2.4 billion in 2008-09 and $19.7 billion over the forward years.

Isn’t it the case that the only tax cuts referred to in the budget were the policy of the previous government?

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