House debates

Monday, 8 February 2010

Questions without Notice

Emissions Trading Scheme

2:10 pm

Photo of Craig EmersonCraig Emerson (Rankin, Australian Labor Party, Minister Assisting the Finance Minister on Deregulation) Share this | Hansard source

That is how we will support small businesses in this country. If we are addressing the issue of risks to small business, there is no greater risk to small business in this country than the Leader of the Opposition and the shadow finance minister. The reason I say that is that the shadow finance minister, on Lateline just the other day when he was asked where he was going to get the revenue to fund his $10 billion climate change con job, referred to the Henry tax review—and what did he say? He said, ‘That is the whole mechanism of where we get the money from.’ Here is the shadow finance minister saying there will be at least a $10 billion increase in taxes or new taxes. He did not say, ‘Here is the budget; we are looking at the budget.’ He said, ‘We are looking at the Henry tax review,’ indicating in direct contradiction to the opposition leader that they would be getting the money out of the tax system, increasing taxes on small business in this country by up to $10 billion.

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