House debates

Wednesday, 27 June 2018

Questions without Notice

Taxation

2:54 pm

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

That is one year ahead of what was forecast, because we're a government that knows how to live within its means.

What the Labor Party is about is taxes going up and up and up, whether it's the $5 billion tax on retirees or putting up taxes on small- and medium-sized businesses. The Leader of the Opposition, the Leader of the Labor Party, and the shadow Treasurer have to be honest with the businesses of Australia: are you going to reject and reverse the tax cuts for small businesses between $2 million and $10 million? The Leader of the Opposition, on a captain's call, could go out there yesterday and unilaterally declare that the tax cut's gone for $10 million to $50 million. We know that the member for Sydney doesn't think it should happen. We know that the Leader of the Opposition has gone around telling everybody that he's going to reverse the whole package. Tell them straight. I know that he finds it hard to make telling the truth a habit, but on this one occasion he should be clear to the Australian public and the millions of businesses and the millions of Australians who work in those businesses: are you going to claw back the tax cut that was legislated by this parliament for businesses between $2 million and $10 million? It's a pretty simple question. The shadow Treasurer has been running around in circles on it for two years. He can't fess up to it. We've got by-elections in Longman, in Braddon, in Western Australia(Time expired)

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