Scott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

The point I was making is that those opposite are proposing a higher level of deficit—$6.8 billion more—and that is after they have increased taxes on hardworking Australians who are investing for their future, after they have ripped tax cuts away from small businesses, with some 22 employees on average, some 100,000 of them, who want to get access to the instant asset write-off, who want to get access to a tax rate of 27½. I note those opposite get very excited about the tax rates for foreign workers in New Zealand, but when it comes to the tax rates for businesses in New Zealand, at 28 per cent, they think that Australian businesses should pay more. That is what those opposite think. They think that Australian businesses should pay more tax, so that that mob opposite, if they were ever to become elected to the Treasury benches again, could spend more, raise the deficit more, increase the debt and be the absolute AAA threat to our AAA rating. (Time expired)

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