Malcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

Well you have not read it. The third misrepresentation was by the minister for financial services, who referred to a discussion paper I published in 2005 with Jeromey Temple entitled Taxation reform in Australia: some alternatives and indicative costings. He said that in that paper we proposed 280 different models. That is not correct. What we discussed there was the way in which taxes could be made fairer, lower and simpler. The paper did not propose any particular set of changes but modelled the distributional consequences of a large number of changes to rates and thresholds. Indeed, as I said with Jeromey Temple in the introduction to the paper, this was done because of the importance of tax reform being seen to deliver benefits to a broad range of taxpayers and not simply those on the highest incomes.

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