House debates Questions without Notice

Taxation

Thursday, 20 September 2007 House of Representatives
Peter Costello

Peter Costello Higgins, Liberal Party, Treasurer

2:35 pm

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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