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

Yet again, you hear him talking about tax handouts. The reality is this: the government's every dollar—the government's revenue—comes from Australian families' efforts and Australian businesses' efforts, and what we need to have is a competitive tax system. The honourable member opposite used to say that lower company taxes give us a more competitive economy, as most of his frontbench have done at one time or another—they've all said the same thing. They understand that you've got to have a competitive tax system in Australia to encourage investment and growth and to secure jobs. The Labor Party used to believe that, and they have failed on it. The honourable member opposite should remember that his ability to keep on repeating falsehoods doesn't make them true. It's not just Patsy on Brisbane radio who is awake to him; we all know there is one falsehood after another. It's about time he started telling the truth.

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