House debates

Tuesday, 19 June 2018

Questions without Notice

Income Tax

2:26 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

Under our Personal Income Tax Plan, people in the higher tax bracket of $200,000-plus will pay a larger share of the total income tax collection than they do today. So if that's the definition of 'progressive', it is much more progressive than it is today. So the Labor Party has no basis for complaining about the equity of the tax plan.

But this is the big difference: just like the member for Sydney, the member for Rankin does not want that person working on a low or lower-middle income to get ahead. He does not want them to get ahead—

Comments

No comments