House debates

Tuesday, 22 February 2011

Tax Laws Amendment (Temporary Flood Reconstruction Levy) Bill 2011; Income Tax Rates Amendment (Temporary Flood Reconstruction Levy) Bill 2011

Second Reading

12:47 pm

Photo of Tony SmithTony Smith (Casey, Liberal Party, Deputy Chairman , Coalition Policy Development Committee) Share this | Hansard source

You know the waste is there. I concede that those opposite may consider $1.8 billion to be a rounding error; that is sort of the Labor way—just a rounding error. But that was just in the program alone, before mentioning the other programs the shadow Treasurer ran through in some detail: ceiling insulation and all the other waste on the solar programs. On 10 February here in this House the Leader of the Opposition outlined the opposition’s position very clearly. As he said, everyone wants to see the reconstruction happen, and they want to see it happen right. The difference between this side of the House and the other is that the government wants to see it funded through an unnecessary new tax, and members of this side of the House want to see it funded through affordable, achievable and sensible savings from unnecessary government expenditure. That is our strong view. Those opposite, from the Treasurer down—

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