Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

The government, indeed, has imposed a limit on itself, in terms of the tax burden in the economy, and all of its revenue forecasts in the budget are based on an assumption that tax, as a share of the economy, tax as a share of GDP, will not go past 23.9 per cent. Labor will blow that limit out of the water, with disastrous negative consequences for the economy and for jobs.