David Leyonhjelm NSW, Liberal Democratic Party
4:02 pm
I, and also on behalf of Senators Day and Wang, move:
That the Senate accepts the desirability and merit as a general budgetary principle of lowering taxes irrespective of whether the budget is or is not in surplus.
Mitch Fifield Victoria, Liberal Party, Assistant Minister for Social Services
I seek leave to make a short statement.
Mitch Fifield Victoria, Liberal Party, Assistant Minister for Social Services
While lower taxes are desirable, the faster we can get to the point where as a nation we live within our means and reach our target of a budget surplus, the more capacity we will have to incentivise people through tax cuts.
Stephen Parry President
The question is that the motion standing in the name of Senators Leyonhjelm, Day and Wang, be agreed to.