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TAXATION—INCOME TAX

The Leader of the Australian Greens (Senator Bob Brown), pursuant to notice of motion not objected to as a formal motion, moved general business notice of motion no. 510—That the Senate—

 (a) notes the recent survey by the Australian Bureau of Statistics which showed that the gap between rich and poor is widening in Australia;

 (b) understands why growing inequality along with corporate greed are motivating the `Occupy' protest movements;

 (c) notes that, in the United States of America, billionaire Warren Buffett has observed that he pays a smaller proportion of his income in tax than do the other people in his office; and

 (d) calls for a 50 per cent marginal tax rate on incomes of more than $1 million per annum.

Question put.

The Senate divided—

AYES, 9

Senators—

Brown, Bob

Di Natale

Hanson-Young

Ludlam

Milne

Rhiannon

Siewert (Teller)

Waters

Wright


NOES, 38

Senators—

Adams

Back

Bernardi

Bilyk

Birmingham

Bishop

Boyce

Brown, Carol

Bushby

Cameron

Cash

Colbeck

Collins

Crossin

Edwards

Farrell

Fawcett

Fifield

Fisher

Gallacher

Kroger

Ludwig

Lundy

Madigan

Marshall

McEwen (Teller)

McKenzie

McLucas

Moore

Parry

Pratt

Singh

Sinodinos

Stephens

Sterle

Thistlethwaite

Urquhart

Williams

Question negatived.