House debates

Monday, 20 August 2018

Private Members' Business

Income Tax

12:38 pm

Photo of Ted O'BrienTed O'Brien (Fairfax, Liberal Party) Share this | Hansard source

In fact, it completely mystifies not only the members opposite in this chamber, clearly, but indeed the member for Sydney, and the evidence strongly suggests that it's not just the member for Sydney and those in this chamber alone. As always, Labor's only plan is for higher taxes, with over $200 billion in new taxes announced. By pledging to undo steps 2 and 3 of the government's legislated tax cuts, Labor would effectively rip a further $70 billion from the pockets of hardworking Australians in just 10 years and push Labor's total tax grab toward $300 billion. That is why the choice at the next election will be simple: lower taxes under the coalition; higher taxes under Labor.

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