Senate debates

Monday, 1 September 2008

Tax Laws Amendment (Luxury Car Tax) Bill 2008; a New Tax System (Luxury Car Tax Imposition — General) Amendment Bill 2008; a New Tax System (Luxury Car Tax Imposition — Customs) Amendment Bill 2008; a New Tax System (Luxury Car Tax Imposition — Excise) Amendment Bill 2008

Second Reading

8:00 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party) Share this | Hansard source

‘a Tarago,’ Senator Bernardi, ‘or a Land Cruiser.’ There are numbers of other vehicles, some of which are produced in Australia, that actually get hit by this tax impost, by this tax slug of the new government. Senator Hurley wanted to argue that because it only has a minor impact on inflation the tax slug is not inflationary. I am quite sure that during one of his answers at question time Senator Conroy would admit that even a minor tax increase that is recognised as inflationary is actually inflationary. If it is going to increase inflation then it is an inflationary measure, no matter how small that may be and no matter how much you want to argue over the semantics of it.

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