House debates

Wednesday, 23 May 2018

Bills

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

10:31 am

Photo of Tim WilsonTim Wilson (Goldstein, Liberal Party) Share this | Hansard source

It's pretty easy to keep repeating yourself when you guys don't listen. The opposition benches don't actually understand the serious consequences of their policy framework. They don't understand that the consequences of what they are putting forward will do nothing to address housing affordability moving forward. It will have no effect in trying to improve the opportunity for younger Australians when all their objective is to hit some people so they can redistribute wealth to other parts of the community to achieve their broader political objectives. They're not actually focused on the future of this country and what we need—to continue being a liberal democracy, to have an investment in society built on ownership and responsibility, to have a society that recognises that aspirational entrepreneurialism is something to be celebrated and to be recognised. Those who have worked hard and secured reward for their effort should have recognition and respect for that effort. That's what we need to achieve in this country, that's not what is being put forward by our opponents and that is precisely what is being achieved in the government's tax relief proposal before us today—the Treasury Laws Amendment (Personal Income Tax Plan) Bill. It is the beginning of a journey to build a better stronger liberal democracy for our great nation.

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