House debates
Tuesday, 15 June 2010
Questions without Notice
Budget
3:07 pm
Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source
The question goes to impacts arising from the government’s tax proposal on employment in regions of Australia where companies are located. What I am seeking to do is respond by saying: the impact of the government’s tax reform plan, first of all, goes to the company tax rate, which we are bringing down by two percentage points—and the Leader of the Opposition is actually increasing by two percentage points. Secondly, for the small businesses in Cloncurry, they would all obtain a tax break in terms of $5,000 worth of assets purchased in a given year. On top of that again—
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