Australia Question Time: Scott Morrison blasts 'muppets' after budget

11:57  09 may  2018
11:57  09 may  2018 Source:   9news.com.au

'We cannot push this to breaking point': Scott Morrison on why tax relief is coming for Australian households

  'We cannot push this to breaking point': Scott Morrison on why tax relief is coming for Australian households In the 2015-16 financial year, the Australian Tax Office (ATO) collected $186 billion in personal income tax. 65% of that figure was collected from just 23% of taxpayers. Australian Treasurer Scott Morrison flagged income tax cuts in the upcoming Federal Budget.Australian Treasurer Scott Morrison has flagged personal income tax cuts for the taxpayers in the top income brackets in a major speech today ahead of the federal budget.

Treasurer Scott Morrison has blasted the Opposition as “ muppets ” during a heated exchange in the first Question Time since he delivered the 2018 budget . The total cost of unlegislated corporate tax cuts was .4 billion, an exasperated Treasurer Scott Morrison told Labor MPs after they peppered

Treasurer Scott Morrison sits down with ABC's Leigh Sales for his first interview after unveiling this year's budget . 'I ask the questions on this program': Leigh Sales vs the PM - Продолжительность: 3:57 ABC News (Australia) 65 634 просмотра.

Treasurer Scott Morrison has blasted the Opposition as 'muppets' in a heated question time.© AAP Treasurer Scott Morrison has blasted the Opposition as 'muppets' in a heated question time. Treasurer Scott Morrison has blasted the Opposition as “muppets” during a heated exchange in the first Question Time since he delivered the 2018 budget.

Morrison was repeatedly pressed by Labor about the total cost of corporate tax cuts over ten years, and if the figure exceeded $100 billion.

At one stage Speaker Tony Smith asked Liberal MP Paul Fletcher to stop interjecting, and Tanya Plibersek had to start her question to Morrison again.

The debate reached a crescendo when the Treasurer addressed the opposition as “you muppets”.

Comment: The question Scott Morrison will not answer

  Comment: The question Scott Morrison will not answer There is one big question Scott Morrison does not want to answer about the tax cuts he will reveal on Tuesday night. Will the government honour its rule of allowing any improvements in tax revenue to be “banked” on the budget bottom line?This is the rule imposed after the global financial crisis to guard against political decisions that spend any revenue gains that are otherwise needed to produce a surplus. The question goes to the heart of the debate on whether the country can afford the new income tax cuts.

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ANALYSIS: Forget all the disclaimers that Scott Morrison ’s third budget to be delivered Tuesday night is not the last before the next election. Qld tissue bank probed after giving cancer patient’s heart valves to babies. Donald Trump’s TIME Just how the Treasurer will do it all is the big question .

The comment was ruled unparliamentary.

The first 20 minutes of Question Time was dominated by arguments over corporate tax.

The Treasurer repeatedly dodged specifics in his responses.

On for young and old: Last-minute details show this is really shaping up as an election budget

  On for young and old: Last-minute details show this is really shaping up as an election budget The Coalition will move to re-energise support among baby boomer voters in tonight's budget with a multi-billion dollar package aimed at improving retirement lifestyles and people's ability to continue working late in life.  Younger voters will also get some sweeteners with some measures that will make it easier to consolidate retirement savings accounts. They'll also see the benefits of the tax cuts being extended to low and middle-income earners, which ABC reports will be worth around $40 a month for those qualifying for the greatest amount of tax relief.

Question Time : Scott Morrison blasts ' muppets ' after budget . How Budget 2018 Will Affect Your Wallet. The seven-year tax offset plan means more than a week for many.

To make sense of a shrinking debt burden during a time when government is spending more than it is taxing we need to understand that, despite what Scott Morrison and Malcolm Turnbull say Repeat after me: the Australian economy is not like a household budget | Warwick Smith.

A seemingly never-ending wave of Dorothy Dixers allowed Morrison, full of confidence after his budget speech, to preach the merits of the 2018 Federal Budget as Labor MPs became increasingly frustrated.

What we learned

The total cost of unlegislated corporate tax cuts was $45.4 billion, an exasperated Treasurer Scott Morrison told Labor MPs after they peppered him and the prime minister with questions.

What the government wanted to spin

The opposition would have us believe that Australia has grown simply because the global economy has. We have made our own luck. Australians have made their own luck.

What Labor was pushing

Corporate tax cuts and how much they will cost.

They said what?

"Those out there, the almond latte set, they do not think it matters. They just eat their smashed avocados and say it does not happen." - the treasurer chides critics of his tax cuts that give lower-income Australians about $500 a year.

"The minister for urban infrastructure (Paul Fletcher) was interjecting and in a particularly piercing tone." - Speaker Tony Smith.

With AAP

The seven-year tax offset plan means more than $10 a week for many .
Scott Morrison did his best at explaining the tax cuts on budget night but how many Australians understood exactly what it means to them? With talk of the Low Income Tax Offset, marginal tax rates changing, and then completely abolishing one of marginal tax rates over a seven-year plan, the only number most can remember is a $10-a-week benefit.Take a closer look at the seven-year tax plan and the cuts are much bigger, delivering tax cuts of up to $11,815 for some Australians.Before we take a look at the cheat sheet, this is the three-phase plan.

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