Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

Part of this politics of envy, socialist agenda that the current leader of the Labor Party, Senator Wong, is running is this attack on the undeserving rich. The top 20 per cent of income earners in Australia pay 60 per cent of income tax. When this plan is legislated in full by 2024-25, the top 20 per cent of income earners will still pay 60 per cent of income tax revenue generated.