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Raise revenue from those who can most afford to pay

Analysis by the Parliamentary Budget Office shows the government could raise more than $4 billion over the forward estimates by making the temporary deficit levy permanent, and by introducing a new tax bracket for annual incomes of over $1 million.

“You know tax reform is right when it reduces inequality and raises enough revenue to pay for the services the community wants,” said Greens Leader Richard Di Natale.

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A better tax reform debate

I think the government's problems on this tax reform debate, indeed the government's problems under its former Prime Minister Tony Abbott, can be sheeted home to the simple proposition that really is its underlying philosophy. That proposition is this: this government, consistent with their philosophy, want to reduce taxes—income taxes, corporate taxes—and the cost of doing that is that we then do not have the revenue to fund essential services, things like health care, education, or to fund vital public infrastructure.

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Question – The government’s abandonment of tax reform

My question is for the Minister representing the Prime Minister, Senator Brandis. Reports today indicate that your government has walked away from major tax reform, and yet today you have announced a major increase in defence spending. Given the so-called budget emergency and your refusal to end huge tax concessions like negative gearing and like the concessions in the superannuation system, Minister, how do you intend to pay for it?

George Brandis (Queensland, Liberal Party, Attorney-General)  

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Peter on the Turnbull Government

Senator WHISH-WILSON

It never ceases to amaze me that the ultraconservatives like Senator Bernardi are fairly happy to talk to us about the role of government. They do not see any role for government in our lives except when it comes to social issues that you rely on the government to step in and regulate, such as same-sex marriage and other issues.

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The reality of the Turnbull Government

I rise to speak to today's matter of public importance.

There was a national sigh of relief when Tony Abbott was replaced by Malcolm Turnbull. Most Australians gave the new Prime Minister the benefit of the doubt. We were pleased to see the end of Tony Abbott's divisive politics. We hoped that it would mark a turning point on so many critical issues-issues like climate change, getting children out of detention and marriage equality-that we would finally be able to transition our economy and set ourselves up for those industries of the future-

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Transparency key to ending corporate tax avoidance: Greens

“Today is a great day in the campaign to end corporate tax avoidance,” said Senator Di Natale, Leader of the Australian Greens.

“Transparency is key to getting big corporations to pay their fair share. They might be able to afford the best tax lawyers to help them stay ahead of the parliament but they won’t be able to escape the court of public opinion.

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MYEFO is the canary in the coal mine

Adam Bandt 15 Dec 2015

Greens Treasury spokesperson Adam Bandt MP says Mid-Year Economic and Fiscal Outlook is the canary in the coal mine, reinforcing the need to grow the new economy and get rid of unfair tax breaks if Australia is to avoid descent into austerity and economic irrelevance.

Mr Bandt says the cuts to programs outlined in today's announcement are too harsh and are unnecessary, as the government should instead tackle unfair tax breaks for the wealthy. The Greens have outlined $38 billion in unfair tax breaks, costed by the Parliamentary Budget Office.

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