Senate debates

Tuesday, 11 October 2016

Bills

Treasury Laws Amendment (Income Tax Relief) Bill 2016; Second Reading

12:59 pm

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

Please do. Through you, Acting Deputy President, I would very much enjoy your contribution. I move:

That this bill be withdrawn and redrafted so that bracket creep is addressed without further propagating income inequality in Australia on the flawed theory of trickle-down economics by providing a tax cut to the top 20 per cent of Australian taxpayers.

Now is not the time for tax cuts. Now is the time for the Labor opposition to match its media releases with its actions and stand against the expansion of income inequality and gender income inequality in Australia. Now is the time for our parliament to give momentum to the global discrediting of the horse and sparrow theory, which started nearly 100 years ago and continues to be propagated, which by any other name smells just as bad as the vision of that theory. I say to Labor: this is your last chance on this bill to make a difference. Please vote this down and work with the Greens and the crossbench on policies that tackle inequality.

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