House debates

Monday, 22 February 2016

Questions without Notice

Taxation

2:59 pm

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

for the 300,000 on average wages going into higher tax brackets. Then they want to take away the only thing that people on average wages—people like nurses and emergency workers and teachers—who negative gear and make the sacrifice and the investment, have. You know what they want them to do, Mr Speaker? They want them to go and compete for about 10 per cent of the assets with all of the others on higher incomes and be driven out of the opportunity for negative gearing in this country.

The other thing they want to do, as the Prime Minister has rightly said, is: the day a new home buyer goes and puts their key in the door of their new home—

Ms Butler interjecting

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