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

This is why we know Labor can't run the economy—because they can't add up. We legislated a $144 billion personal-income-tax plan after the last budget, and the Labor Party want to reduce that by $70 billion. The Labor Party want to put up taxes on hardworking Australians. They want to put up taxes on retirees and people who have saved and paid taxes all their lives. The most insulting thing that the Labor Party have said about their appalling retirees tax is, 'They don't pay any tax.' These Australians have paid tax all of their lives, and this Leader of the Opposition wants to put a tax of $5 billion a year on retirees.

Here they are, walking around the chamber like Brown's cows, because they don't want to face the truth. They don't want to face the truth that under Labor you will always pay more. And we learnt this week that it won't be just the $200 billion of higher taxes—

Mr Hill interjecting—

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