Josh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

Today, if you're a part-time teacher or a part-time nurse or if you're working in a trade and you earn $60,000 a year, you pay $2,160 less tax under this coalition than when Labor was last in office. You pay $2,160 less tax today than when Labor was last in office. The member for Rankin should know this because it's in the budget papers. When it comes to a tax-to-GDP ratio in 2021-22 we are expecting 22.3, in 2022-23 we're expecting 21.4, because we've legislated significant tax cuts. At the last election the shadow Treasurer stood there with the member for McMahon and advocated for a housing tax, a retirees tax, a superannuation tax and a family business tax. You know what the tax-to-GDP ratio would have been under the Labor Party today? It's 22.3, but it would have been 25.9 per cent.

The reality is that every day that we have been in government we have been looking for opportunities to cut taxes. Every day Labor was in government—

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