House debates

Thursday, 4 September 2008

Questions without Notice

Budget

3:05 pm

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

My question is addressed to the Prime Minister. I refer the Prime Minister to his previous answers today and to table 2 in Budget Paper No. 1. I ask the Prime Minister: isn’t it a fact that the only reason that tax as a percentage of GDP has declined somewhat is that the government has implemented most, but not all, of the coalition’s tax cuts which were set out in the pre-election financial outlook and that, if the government had implemented those tax cuts in full and not imposed $19 billion of new taxes in the budget, tax as a percentage of GDP would be lower still?

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