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Friday, 29 May 1987
Page: 3635

Mr CARLTON —Madam Speaker, I wish to make a personal explanation.

Madam SPEAKER —Does the honourable member claim to have been misrepresented?

Mr CARLTON —I do, Madam Speaker.

Madam SPEAKER —Please proceed.

Mr CARLTON —During Question Time I asked the Treasurer (Mr Keating) whether it was a fact that no Australian taxpayer earning less than $19,500 per annum would receive a tax cut on 1 July. The Treasurer replied that he did not know whether the member for Mackellar could not read a Government Bill or a tax scale so as to know that the previous tax rate of 46 per cent for those earning under $19,500 falls to 40 per cent. Quite contrary to the Treasurer's assertion, I can read a tax scale. The Treasurer is quite wrong. The rate under $19,500 was formerly 29 per cent and it remains at 29 per cent.