David Leyonhjelm (NSW, Liberal Democratic Party) Share this | Hansard source

My question is to Senator Cormann, representing the Treasurer. Labor has withheld their PVA costings on alternative tax policies. Can you please advise whether the Labor's proposed increase in the legislated small business company tax rate would cost Australians $29 billion over the next decade; whether their denial of deductions for housing investment expenses would cost us $32 billion; whether their increase in capital gains tax would cost us $13 billion; whether their increase in the top income tax rate to 47 cents would cost us $22 billion; whether their increase in tax on low-income trust beneficiaries would cost us $17 billion; and whether their superannuation tax increases would cost $20 billion? Doesn't this add up to around $5,000 extra tax per Australian over the decade?