Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

If the honourable member would stop interjecting, I will come to the answer. That is why in the first year the net revenue received by the Commonwealth shown in the fiscal balance impact is $1.6 billion. In the second year it is $1.5 billion, and that is because of the net impact of its interaction with other taxes. The difference is the answer to the honourable member's question—that is, the cost in terms of a reduction in receipts of other taxes, principally corporate tax.

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