House debates

Tuesday, 26 August 2008

Questions without Notice

Taxation

2:56 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

As I indicated earlier, in the budget we reduced taxation overall. The tax to GDP ratio went down. That might be another inconvenient fact which those opposite want to stick their heads in the sand and ignore, but it is a fact. But what is even worse is that they are not prepared to face up to their responsibilities when it comes to dealing with teenage binge drinking. They will not face up to that at all. This government will face up to it, because the loophole left by the former Treasurer led to an explosion in teenage binge drinking when it came to alcopops. A 250 per cent increase—we are dealing with it in a responsible way. We are dealing with it with the support of the police commissioners and with the support of all the responsible health authorities out there. But, once again, we have this rank irresponsibility from those opposite, which reflects very poorly on them and shows that there is not a shred of economic credibility left in any of them.

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