Senate debates
Thursday, 27 November 2014
Questions without Notice
Income Tax
2:44 pm
Bob Day (SA, Family First Party) Share this | Hansard source
Mr President, I ask a further supplementary question. On 30 October the Canadian Prime Minister, Stephen Harper, announced income splitting to allow spouses to transfer up to $50,000 of income to each other, yielding up to $2,000 per annum in family tax credits. Australian experts have also indicated that workforce participation, particularly for women, will fall if bracket creep is not addressed. Given bracket creep's negative impact on families, will the government implement income splitting for families? (Time expired)
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