Mr MORRISON (Cook—Treasurer) (14:25): I thank the Prime Minister for the opportunity to respond to the member's question. What the member did not point out to the House is that at the last election they proposed to extend the deficit levy and they spent all the money. They spent it all. You do not get to spend money twice, which is what the shadow Treasurer is suggesting he can do. What he is saying is that all the money that he said at the last election he was going to spend by ensuring that the top marginal tax rate remained at an uncompetitive level well into the future over the next 10 years— Ms Plibersek interjecting— The SPEAKER: The member for Sydney will cease interjecting. Mr MORRISON: all the money that he said he was going to have from reversing the corporate tax cuts and the small business tax cuts, he spent that all at the last election. And he still had a $16½ billion higher deficit at the last election. When he comes in here and says that he has higher revenue from this measure, he has forgotten that he has already spent the money.