Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

I have addressed this several times, but I will do so in more length, because I think what the opposition is doing here demeans this House and it demonstrates a desperation that really insults the intelligence of the Australian people. For the benefit of Australians who are watching this, let us consider this: at 20 past two yesterday I answered a question from the member for Hindmarsh and I spoke about the Labor Party's proposal to increase capital gains tax on personal income. I said that on a top marginal rate it would effectively go to 37 per cent, which is true. I said that would be higher than the United States, higher than the UK and much higher than the—

Mr Ewen Jones interjecting—

See this speech in context