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

I thank the shadow finance minister for his question. I think I answered this question yesterday, and I have answered it already today. The fact is that we are determined to bring our budget back to surplus. We have put in place over five budgets very substantial savings to make room for our priorities, and I have made it very clear today that we will keep the tax-to-GDP ratio at or below the level we inherited.

Those opposite, when they were in government, were the highest taxing government in our history, and as is consistent—

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