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Thursday, 27 November 1986
Page: 3880

To the Honourable the Speaker and Members of the House of Representatives in Parliament assembled. The humble petition of the undersigned citizens of Australia showeth:

That the Capital Gains tax penalises small business, discourages long-term investment, hinders capital formation and wealth creation, has contributed to Australia's economic crisis and contains many anomalies.

Your petitioners therefore humbly pray that the House of Representatives in Parliament assembled should immediately repeal the Income Tax Assessment Amendment (Capital Gains) Act 1986.

And your petitioners, as in duty bound, will ever pray.

by .