House debates

Wednesday, 23 May 2018

Bills

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

4:14 pm

Photo of Andrew GilesAndrew Giles (Scullin, Australian Labor Party, Shadow Assistant Minister for Schools) Share this | Hansard source

They are optimistic, not for Australians and not for Australian workers but for their prospects. But they are wrong to be optimistic. This reference to bracket creep is something that deserves very close consideration because, on this side of the House, we obviously are concerned that bracket creep not eat into the progressivity of our income tax system, but this is far from the answer, particularly in economic circumstances like the ones we are in today.

For these reasons, and for many more, I'm pleased to join my Labor colleagues in supporting the member for McMahon's amendment, which shows a pathway through which recognises that there are things we can be doing through the income tax system to better support working-class and middle-class Australians and their families. There are things we can do. We could do them right now but for this government's blind, wilful insistence on pushing through with this attack on progressivity in the income tax system, on our sustainable revenue and, indeed, on our sense of egalitarianism in the Australian community and the Australian economy.

I was interested when rereading the second reading contribution of the Treasurer. Obviously his contributions are much easier to read than to listen to. The absence of shouting allows one to reflect on the words. But reading it is troubling.

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