Andrew Leigh

WHICH REVENUE WAS THAT AGAIN?

It seems Treasurer 2.0 Scott Morrison has yet to familiarise himself with the Government’s own budget papers.

In Question Time today, Mr Morrison trumpeted his multinational tax bill saying: “It will raise real revenue.”

This is how much revenue the Government has actually booked for its tax measure:  

Source: Budget Paper 2, p.14

First, this Government gave Australia a Treasurer who thought that poor people don’t drive cars. Now, they have served up a Treasurer who thinks a series of asterisks is the same thing as “real revenue”.

Little wonder consumer confidence remains down 12 per cent since the 2013 Federal Election.

WEDNESDAY, 14 OCTOBER 2015

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