Nick Sherry (Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism) Share this | Hansard source

I am not just excited; I am angry because the Liberal Party is going to increase taxes on small business in this country. It is going to increase $1 billion in new taxes on small business. In addition to that, this Labor government is very proud that it is effectively going to remove the contributions tax from 3½ million Australians. Three-and-a-half million Australians are effectively going to have the contributions tax removed. Again, Senator Cormann yesterday indicated that in the run-up to the next election the Liberal Party is going to increase taxes on 3½ million Australians' superannuation. I look forward to the debate, Senator Cormann. The Liberal Party stands for increased taxes. (Time expired)