Senate debates
Monday, 28 February 2011
Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011; Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011
Second Reading
8:55 pm
Christopher Back (WA, Liberal Party) Share this | Hansard source
There are plenty of opportunities, Senator Brown and Senator Farrell, to be able to avoid that levy. The second option is to increase loans. But what has this Labor government been doing since the middle of 2009? It has been borrowing in excess of $100 million a day, seven days of every week. They have been borrowing $700 million a week. Of course, they have the great big excuse that they want to return the budget to surplus.
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