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Thursday, 14 May 1987
Page: 3223

To the Honourable the Speaker and Members of the House of Representatives. The petition of the undersigned respectfully showeth that the Fringe Benefits Tax is an iniquitous and unjust impost which will further damage the Australian economy and further increase costs to employers.

The Tax will:

(1) further increase the level of unemployment;

(2) increase the administrative costs and overheads for business and Government;

(3) particularly disadvantage small businesses and farmers; and

(4) act as a disincentive to those who are the most productive and skilled;

and we the undersigned call upon the Government to immediately repeal the Fringe Benefits Tax.

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

by .