Senate debates

Tuesday, 23 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

In Committee

8:51 pm

Photo of Ian MacdonaldIan Macdonald (Queensland, Liberal Party, Shadow Parliamentary Secretary for Northern Australia) Share this | Hansard source

Thank you, Madam Chair. If the Labor Party were interested in taxing luxury goods then why not have it on jewellery, gold records and those sorts of things? There could be a luxury tax on some of the fine wines that are around. These are the sorts of things that we read about—I do not know about this, but I cannot wait for Mr Costa’s book—in some of the deals between the Labor Party and the very wealthy in this country. If you want to raise some money, let’s have a luxury tax that actually addresses luxury items. Let’s not put the luxury tax on vehicles that are essential for the people in the country who are doing it tough. The people that this tax will mostly affect are not the Lamborghini drivers, who are mates of the Labor Party, or the jet owners. Do we have a luxury tax on jets, by the way?

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