Tony Smith Casey, Liberal Party, Shadow Assistant Treasurer
2:51 pm
My question is to the Treasurer. I refer the Treasurer to the statement by the member for Melbourne:
We should have an inheritance tax or some tax of that nature. Deemed capital gains tax on death is another option in that regard.
Does the Treasurer agree with the Minister for Finance and Deregulation?
Wayne Swan Lilley, Australian Labor Party, Treasurer
I absolutely agree with everything that the minister for finance said yesterday. He is 100 per cent correct.