Senate debates
Tuesday, 24 March 2015
Questions without Notice
Financial Transactions Tax
2:43 pm
Jacqui Lambie (Tasmania, Independent) Share this | Hansard source
Mr President, I ask a further supplementary question. I bring to the attention of the minister a report from the Australia Institute, which claims that if a financial transactions tax were only levied on a high-frequency share and stock traders who skim profits it would conservatively raise between $1 billion and $1.4 billion while saving mum-and-dad investors about $2 billion. If this is accurate, will the minister give an undertaking to introduce this tax and dedicate its income to boosting our veterans and age pensions?
No comments