House debates

Thursday, 26 November 2015

Questions without Notice

Taxation

2:22 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

It is true that next year the average full-time wage earner in Australia will move into the second-top tax bracket. That means they will be paying 41c in the dollar in tax. If you are on the average wage in this country next year, you will be paying 41c in the dollar in tax. That is not a system that is encouraging and backing Australians who are working, who are saving and who are investing. We know that high income taxes penalise Australians and they penalise them for the thing that we should be encouraging most, and that is for their effort.

On this side of the House, when in government this time and when in government before, we have the record of cutting taxes—to cut the burden of taxation on Australians.

Ms O'Neil interjecting

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