Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Tuesday, 2 May 1961

Mr UREN (Reid) .- I rise to answer the criticism expressed by the honrable member for Mackellar (Mr. Wentworth) of the honorable member for Hindmarsh (Mr. Clyde Cameron) and myself in relation to tax rebates for a wife and children. The Australian Labour Party has not stated any opposition to tax rebates. We say that we want to see tax rebates spread more equitably. We do not want a big piece of the cake to go to the wealthy and only a small piece to the workers as is happening now. The 70 per cent. of the taxpayers on £1,000 a year or less, receive only 30 per cent. of the tax rebates each year, but the 30 per cent. who earn more than £1,000 receive 70 per cent. of the tax rebates; and 5 per cent. of the latter who are represented by the Menzies Government receive 21 per cent. of all tax rebates. The Labour Party would do something to divide the national wealth more equitably among the taxpayers. I rise to make it clear to the committee, particularly the honorable member for Mackellar, that we do not want at any time to cut out the tax rebates for a wife and children. We want to make sure that the worker and the battler on a low income with a wife and three or four children who are finding life difficult shall get a better deal, whereas now those in the top income brackets are getting it easy.

Amendment negatived.

Title agreed to.

Bill reported with amendments; report - by leave - adopted.

Bill - by leave - read a third time.

Suggest corrections