House debates

Tuesday, 18 August 2009

Questions without Notice

Taxation

2:06 pm

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

What we have through the Henry review is another fear campaign from those opposite, because they are so bereft of any policy all they can do is run a fear campaign. As the Prime Minister said in this House yesterday, we take the issue of tax reform very seriously, and that is why we established the Henry review. We do want to simplify the tax system. We do want to put more incentive in the tax system. We do want to make our tax system internationally competitive. There was some publicity on the weekend: an article on the front page of a paper, which suggested there had been some discussion with the government about capital gains tax or taxes on housing. There will be plenty of this drivel and misrepresentation around as we go through the Henry review, because those opposite will stop at nothing to mount a fear campaign to camouflage the fact that they do not have an alternative fiscal policy—no alternative fiscal policy whatsoever. But insofar as those press reports on Saturday said there would be any complication with the government—

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