“FEDERAL Opposition Leader Bill Shorten's populist "tax grabs" would cost Australians an eye-watering $150 billion over 10 years, the Federal Government will reveal today……Independent modelling by the Parliamentary Budget Office (PBO) and Treasury shows that under a Shorten government small business, mum and dad investors, older Australians and higher-income earners would be slapped with higher taxes.” [The Northern Star, 14 August 2017]
The Parliamentary Budget Office exposes the lie………
PBO Media Release
This is not the first time a Coalition MP has uttered political lies about costings. Tony Abbott, Joe Hockey and Andrew Robb became rather famous for it.
ABC News, 11 October 2010:
The Federal Government says the Coalition did not tell the truth before the last election when it claimed to have had its costings audited.
The Opposition did not submit its costings to Treasury before the election, but said they had been audited by a big accountancy firm.
Fairfax newspapers quote letters between the Liberal Party and the accountants saying the work would not constitute an audit in accordance with Australian standards.
And conservative politicians wonder why the general public perceives such a yawning credibility gap.
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