CANBERRA, ACT, May 17 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: tax reform package, capital gains tax changes, productivity
David Speers:
Treasurer, Jim Chalmers, welcome to the program.
Jim Chalmers:
Thanks very much, David.
Speers:
Let's start with this idea from Angus Taylor about indexing tax thresholds. Why won't you end bracket creep once and for all?
Chalmers:
We are cutting income taxes, we're cutting income taxes 5 times using 3 different mechanisms. And the last time we cut income taxes, Angus Taylor voted against it and said that he would repeal it. So we are cutting taxes.
Now, the big difference in the last week, David. I hear the panel on the couch talking about the differences th...