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Wednesday, 10 November 1982
Page: 2991

To the Right Honourable Speaker and Members of the House of Representatives in the Australian Parliament assembled. This humble petition of citizens of Australia showeth that:

Members of the community are concerned and alarmed at the increasing levels of direct and indirect taxation.

Members of the community are concerned and alarmed at the increasingly inequitable distribution of these taxes through the social wage.

Members of the community are concerned and alarmed at the apparently uncontrolled increases in interest rates and the shrinking access to loan capital.

Members of the community are concerned and alarmed at the neglect of pension levels and the absence of real relativity with average wages.

Members of the community are concerned and alarmed at diminishing government spending on health, its consequential effect on the quality, cost and availability of health services and the absence of meaningful expenditure for the prevention of disease and injury.

We the undersigned citizens of Australia by this humble petition respectfully pray that the Australian Government introduce tax indexation on personal income tax scales and the tax free threshold.

Introduce-

1. Broadly based wealth tax exempting small wealth holdings.

2. Capital Gains tax exempting owner occupied homes.

3. The closing of tax loopholes which enable company and high earner tax avoidance.

4. A resources tax or excess profit tax.

The Australian Government raise the single pensions and benefits to 30 per cent of average weekly earnings over the next three years.

The Australian Government institute wider controls over interest rates charged by all lending institutions and pass legislation which will allow for a fixed percentage of all available loan capital to be held in reserve for the purpose of owner occupied home loans.

And your petitioners as in duty bound will ever pray.

by .