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Thursday, 21 May 1970

Mr Webb (STIRLING, WESTERN AUSTRALIA) asked the Treasurer, upon notice:

(1)   Does he propose to introduce tax reform to relieve the excessively high tax burden on lower and middle income groups.

(2)   If so, will he study the sweeping tax reforms now being introduced in Canada, including a capital gains tax.

Mr Bury - The answer to the honourable member's question is as follows:

(1)   The Government has already undertaken to ease the burden of personal income tax on lower and middle income groups.

(2)   In the course of the studies which are being made into this matter, attention is being given to taxation developments in other countries, including Canada.

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