Lindsay Tanner (Melbourne, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

I notice that the member for Moncrieff is referring to higher taxes. In fact, one of the two key initiatives that the opposition are seeking to knock over is actually lower taxes on middle-income families who currently get taxed if they do not take out private health insurance. Because the tax regime that was put in place by the former government for people who were supposedly rich—people who were supposedly well-off—was never changed, gradually over time, as incomes have risen and as inflation has risen, middle-income earners are now hit by this tax. We are seeking to give them relief from this tax.

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