House debates

Wednesday, 23 November 2011

Matters of Public Importance

Economy

3:37 pm

Photo of Craig KellyCraig Kelly (Hughes, Liberal Party) Share this | Hansard source

I withdraw, Mr Deputy Speaker. Buried in the mining tax was the Labor government's plans to increase taxes by 25 per cent for the 400,000 smallest businesses by removing the entrepreneurial tax offset. Not one single speaker from the government side even bothered to mention the fact that these bills contain a plan to rip $180 million off our most vulnerable small businesses. Either they did not read the legislation or they were deliberately deceptive.

Small businesses are in a perilous state in our nation. They are faced with a carbon tax. They are faced with the impost of the mining tax. We need clear policy from this government. Small businesses are suffering more than they ever have. They are facing high interest rates. We need a change of government. We need a change of policy. (Time expired)

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