House debates

Monday, 15 March 2021

Motions

Taxation

4:56 pm

Photo of Tim WilsonTim Wilson (Goldstein, Liberal Party) Share this | Hansard source

Regardless, the facts don't stand up for the member. The reality is that ATO data has shown that there has been $20.6 billion in tax liabilities against large public groups, multinational corporations, wealth individuals and associated groups since 1 July 2016—and that was to 31 December 2020. So, despite the allegations and the Don Quixote style claims of there not being any taxes paid, the evidence simply does not stack up. Of this, $13 billion in liabilities was raised from multinationals and large companies alone.

Let's not misunderstand: the member is pandering to prejudices that he thinks exist within the Australian community. He does so because he thinks it is strategically smart play for the Greens and their Marxist ideology, because they think that, if they divide the community against Australians, somehow it will not be a problem. Did he speak on the motion this morning in parliament when we merely asked for one of largest investment funds in Australia to give details about the $36 million bonuses they have been paying to fund managers? No. He was silent and nowhere to be seen. Of course, had it been someone who wasn't bankrolling either the Australian Labor Party or the Greens, he might have somehow had an issue, but the reality is that, when it came to the test of standing up and speaking in parliament against Australians' retirement savings being given to wealthy fund managers, he resiles. Deputy Speaker, you are sitting there—

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