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Tuesday, 1 October 1935


Mr E J HARRISON (WENTWORTH, NEW SOUTH WALES) - I ask the Assistant Treasurer whether his attention has been drawn to the following statement made by Mr. S. McKellar White, President of the Taxpayers' Association of New South Wales, which appeared in the Sydney Mornmg Herald on the 20th September last: -

Details of the incidence of the taxes on individual taxpayers revealed an equally serious position. Income taxes alone for Federal and State purposes rose as high as 50 per cent. of the taxpayers' income, and probate and death duties up to 40 per cent. of the estate.

In regard to the incidence of company taxation Mr. McKellar White saidthat reports submitted to the Association revealed that in respect of Dalgety's Limited the various governments took £1 for every £2 received by shareholders. Another statement was-







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