Kevin Hogan (Page, National Party, Shadow Minister for Trade and Tourism) Share this | Hansard source

I will, but I'd remind the minister opposite that he doesn't understand what I'm saying, and that's concerning. Keating lowered the top tax rate—the top tax rate. Do you understand what the top tax rate was? The top tax rate went from 60 per cent to 49. You're not lowering the top tax rate, so can you withdraw the comment you just made. But I don't think you understood what I was saying, which is concerning. Keating lowered the top tax rate from 60 per cent to 49, so I say to the Treasurer, who's his student: Keating didn't look to divide us; Keating didn't look to divide the country on those income earners who were at the top tax level like the Treasurer is doing. Again, this is divisive.

We will support the bill, because we support lower taxes, but the government has been very deceitful in their behaviour on this.

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