Scott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

What that means is that Labor are going to strip away tax cuts for businesses with turnovers between $2 million and $50 million. Now, for a company like East Coast Bullbars, in the electorate of the member for Petrie, which employs 100 Australian workers, that's bad news, because Labor are going to take away the tax cuts for that business that they already have. Last year, I and the member for Gilmore visited Aaron and Val Baker at Flooring Xtra. They have worked hard at their business. They've sold more of their product and they've got their turnover above $2 million now. They have a turnover of around $3 million. It is bad news for them and their 10 workers—hardly Google, hardly a multinational.

Ms Chesters interjecting—

Ms Butler interjecting—

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