House debates

Wednesday, 23 May 2018

Bills

Treasury Laws Amendment (Personal Income Tax Plan) Bill 2018; Second Reading

5:57 pm

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

especially retirees—and, at the same time, deliver that fairer outcome for those on low and middle incomes. It's a responsible plan. It's a comprehensive plan. It's a plan that deserves to have the support of this House. If this House is prepared on numerous occasions to commit the Australian taxpayer to decades and decades of expenditure as far as the eye can see, this chamber should also be prepared to say to taxpayers, 'We're also prepared to commit to tax relief in the future.' If you're prepared to commit to spending in the future and if you're concerned that tax relief might in other ways undermine the budget in the future, that same rule should be applied to expenditure in the future. You can't apply a double standard. We understand that you've got to fund hospitals into the future, and we do: $30 billion extra in just over five years as part of our plan. This is a tax relief plan that gives Australians certainty in the future. For that reason, I commend it to the House.

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