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Tuesday, 3 May 1932

Mr BRUCE (FLINDERS, VICTORIA) - In 1922, when Treasurer, I essayed the task of consolidating the income tax legislation which had then been passed, to simplify the whole system of taxation. We consulted with the representatives of every section of taxpayers, and each section put forward its own suggestions; but these were largely in conflict. We found the interests of taxpayers so divergent that, although in principle all favour simplification, taxpayers were not prepared to surrender the present somewhat complicated, though generally equitable, system if they were likely . to lose anything thereby.

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