Senate debates

Tuesday, 27 February 2024

Bills

Treasury Laws Amendment (Cost of Living Tax Cuts) Bill 2024, Treasury Laws Amendment (Cost of Living — Medicare Levy) Bill 2024; In Committee

7:02 pm

Photo of Katy GallagherKaty Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

No, I don't agree with that. I think Australians understand marginal tax rates and the interaction between their earnings and those tax rates. I would say again that's why, regularly, tax cuts are provided to taxpayers—to deal with bracket creep and provide other assistance where that's possible, where it's affordable and sustainable to do so. I say that not to say 'when we choose to' or 'when we feel like it' but because we have to manage a budget responsibly as well. People expect that because taxes pay for all the services that people consume and expect to receive from their government.

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