INCOME TAX
COMMONWEALTH & STATES AT ODDS OPPOSITION TO UNIFORM IMPOST. THREAT OF POLITICAL CRISIS. (By Telegraph—Press Association—Copyright) (Received This Day, 9.35 a.m.) CANBERRA, This Day. A proposal by the Commonwealth Government, that the States should vacate the income taxation field, as in Canada, threatens to' cause a political crisis ,in Australia. ' The Federal Government put forward a plan at a meeting of the Loan Council at Canberra that the States should agree to uniform taxation. This the States are strenuously opposing, in the belief that the Commonwealth is aiming at unification. The Federal Treasurer, Mr A. W. Fadden, told the meeting that he was not seeking unification and insisted that he must get at least £60,000,000 to bridge the next year’s gap between war revenue and estimated war expenditure. The Premiers of the various States, in the course of the discussion, expressed uncompromising opposition to the demand that they should abandon the income tax field.
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Wairarapa Times-Age, 28 June 1941, Page 4
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155INCOME TAX Wairarapa Times-Age, 28 June 1941, Page 4
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