TAXATION SYSTEM

Dominion, Volume 31, Issue 71, 17 December 1937, Page 10

TAXATION SYSTEM

Removal Of Anomalies Contemplated MAJOR MEASURE Consideration When Session Resumes The Government has not lost sight of its intention, announced earlier this year, to review the incidence'of taxation. This was made clear by the Prime Minister, Rt. Hon. M. J. Savage, in an interview last evening, when he indicated that taxation legislation would be one of the major measures with which Parliament would be required to deal when it resumes its work early next year. “A measure to provide for the removal of many of the existing anomalies in the incidence of taxation was promised earlier this year and we have not overlooked it,” said Mr. Savage. “At the moment we canuot attempt a wholesale revision of the taxation system of the country, but of course that will have to be faced up to. This legislation, along with that dealing with national health insurance, national superannuation and education, will constitute the major business of the second part of the session. National health insurance and superannuation may possibly require two Bills. “Cabinet will be concentrating on these measures when its meetings are resumed immediately after the New Year. We must, see that the law draftsman has reasonable time to prepare the necessary Bills, particularly that dealing with national superannuation..”