Senator SHARMA (New South Wales) (14:16): ABS data has revealed that Australian households have now dedicated a new record of 16.4 per cent of gross household income to personal income tax over the past 12 months. PBO analysis demonstrates that bracket creep will cost the average taxpayer between $1,820 and $2,020 over the next four years. How can you claim Australians will keep more of what they earn when all of the analysis suggests that under Labor they will be worse off?