House debates

Thursday, 25 October 2018

Questions without Notice

Australian Embassy: Israel

2:24 pm

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

But it was the member for Lilley, when he was Treasurer, who decided it was a cracking idea to apply a mining tax just as the mining industry was turning and to accelerate it and accelerate its decline. And now the Labor Party think it's a cracking idea to attack home owners by applying a big fat tax on housing as the housing market has softened.

What you can expect from the Labor Party in the future, if they were to occupy these benches, is a tax on home owners, with higher taxes; a tax on retirees, with higher taxes; a tax on wage earners, with higher and reckless taxes on them—a tax on retirees who had the simple strategy of owning Australian shares so they would live off the dividend imputation credits, which they are entitled to, because Australians shouldn't have to pay tax twice.

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