House debates

Thursday, 21 June 2018

Motions

Taxation

10:30 am

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

And in WA, for sure, because it's important for them, too, that they understand this. They need to understand that, when you hear a Labor Party member say, 'We're going to do this on hospitals,' or, 'We're going to do this on education,' or, 'We're going to do this on disabilities,' or, 'We're going to do this', it means nothing unless you have a plan for a stronger economy. You cannot take Labor's promises to the bank, because when Labor gets into power there's nothing in the bank, because they cannot manage the budget and they cannot run a stronger economy. It's just not in their DNA. What's in their DNA is spend, spend and spend, which means tax, tax and tax—more than $200 billion in higher taxes, which they've added $70 billion to today by opposing this measure.

How high does it go? When is too much tax too much for the Labor Party? The answer is never. The sky's the limit. The shadow Treasurer used to believe in a tax cut. In fact, he said we would be judged on if taxes rose above 23.7 per cent. Gone is the tax cap, because he is unable to control the spending of his colleagues. If he were to ever sit in the Treasurer's chair, the budget would go into disrepair, because he hasn't got the strength to manage it. We are living within our means as a government. We are creating the stronger economy that Australians need and that guarantees the essentials that Australians rely on. Our record speaks for itself. (Time expired)

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