House debates

Thursday, 20 September 2007

Questions without Notice

Taxation

2:35 pm

Photo of Peter CostelloPeter Costello (Higgins, Liberal Party, Treasurer) Share this | Hansard source

The member for Melbourne Ports asks me: ‘What were they?’ Under Labor, your first dollar over $50,000 was taxed at 47c in the dollar. No wonder the member for Melbourne Ports interjects. Yes, it is true. It was taxed at 47c in the dollar for each dollar—

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