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Tuesday, 30 November 1965

Mr HAROLD HOLT (HIGGINS, VICTORIA) (Treasurer) - This is one of the many hundreds of requests for tax relief that come under the consideration of the Commonwealth Government when the Budget is being determined.

Mr Duthie - The Minister said this in 1960.

Mr HAROLD HOLT - Yes, and I will probably go on saying it until we decide the question one way or the other. If the honorable member wants this stricken from the ballot, I suppose that could be done. However, this matter is much more scientifically considered than those terms would suggest. Over recent years there have been many amendments to the sales tax law which have had the effect of benefiting householders and family members and, indeed, the community generally. It is a question of how far we can go at Budget time in foregoing revenue needed for the many purposes of government. I am not unsympathetic to the request that the honorable gentleman has put, but I repeat that there are many hundreds of requests which on the face of them have much to commend them. On the other hand there are obligations of government which must be financed. These things have to fall into their appropriate place in our consideration.

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