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Thursday, 14 February 2013
Page: 1454

Taxation


Mr ABBOTT (WarringahLeader of the Opposition) (14:11): Madam Speaker, I ask a further supplementary question to the Treasurer. Given that the Treasurer also ruled out a carbon tax before the last election, how can anyone take this latest reassurance seriously?


Mr SWAN (LilleyDeputy Prime Minister and Treasurer) (14:12): I certainly do welcome that supplementary. There are two proposals to increase taxation in this parliament, and both of them come from that side of the House: the Leader of the Opposition's proposal to increase company tax on the largest, and medium sized, Australian companies and, in addition to that, to give a tax increase of up to $600 or $500 for people who are on the lowest incomes in our community. We know what the priorities are here. We stand for low-income earners. Those opposite go down on bended knee to the mining billionaires.