Senate debates

Wednesday, 7 September 2022

Matters of Urgency

Taxation

4:47 pm

Photo of James McGrathJames McGrath (Queensland, Liberal National Party, Shadow Assistant Minister to the Leader of the Opposition) Share this | Hansard source

I will withdraw, Mr Acting Deputy President, but let me put it to you: the Greens and people who sit with the colour green—the teal towards the dark green—they wouldn't know truth if it fell on them from a high place. If these stage 3 tax cuts are repealed, it means a teacher who earns a $70,000 a year would lose $620, a nurse earning $90,000 a year would lose $870 and a diesel fitter—diesel, it's a scary word for the Greens because they don't like diesel—earning $100,000 a year would lose more than $1,370 a year. The tax cuts are all about middle Australia. The Greens come here—these whinging, whining, pathetic people—with their extensive property portfolios. Did you know the member from Ryan has four homes? How many of those homes do you think are out for social housing? I say to the Greens who love taking the money but don't like sharing it that they are a bunch of hypocrites.

Here is the other fallacy being spread by the fairies at the bottom of the garden. They're saying that those who earn more don't pay their fair share. How wrong is that? When the stage 3 is fully implemented, an individual with a taxable income of $200,000, who earns 4.4 times more than an individual with a taxable income of $45,000, will pay 10 times more tax. This is why we come into politics, ladies and gentlemen. We come into politics because we believe in freedom. We come into politics because we want individuals, businesses and families to grow. The best way for Australians to grow is for them to have more money in their back pockets. This is why these tax cuts, when they are implemented, are so good for Australia.

Mr Acting Deputy President, I am going to let you in on a secret, and the secret is that I suspect that the jelly backs on the other side of the chamber will do a deal. They will do a deal with the Greens—

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