House debates Questions without Notice

Taxation

Thursday, 16 February 2017 House of Representatives

Chris Bowen

Chris Bowen McMahon, Australian Labor Party, Shadow Treasurer

2:08 pm

My question is to the Treasurer. In question time on 29 February last year the Treasurer said that any increase to capital gains tax would be 'one big fat tax on investment' and a 'punishing tax on investment'. Given the Financial Review reports today that the government will increase capital gains tax on property, how can this Liberal government provide any economic leadership when the Treasurer constantly contradicts himself?

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