Kim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source

No. Once again I remind you, Mr President, that I was invited to comment on these matters, and, in the manner of the invitation, I am. I have been asked to comment on the luxury car tax, which enhances a longstanding progressive element of the indirect taxation system. The luxury car tax only affects the most expensive 10 per cent of passenger vehicles. The top luxury cars are taxed more than the lower priced luxury cars. The luxury car tax on a Holden Statesman will be increased by less than $500, while the tax on a Porsche will increase by— (Time expired)