AUSTRALIA
OVERTIME TAXATION [by CABLE. —PRESS ASSN. —COPYRIGHT.] I SYDNEY, January 15. i Mr. Menzies, Prime Minister toldj a deputation of trade union leaders ( to-day that the Federal Government! would not exempt the overtime earnings of the trade unionists from taxation. He said that he was being ask?d to scrap the one criterion of capacity to pay, and to assess incomes for taxation on a new principle based on: the time it had taken to earn them. This was impracticable.- Overtime also was unavoidable in the present circumstances of war urgency, but he hoped to see it reduced to a minimum ' soon. He admitted that there was aj. good deal of intelligible misunder- ; standing on the income tax. He ap-i pealed to the unions to be patient. |
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Greymouth Evening Star, 16 January 1941, Page 5
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127AUSTRALIA Greymouth Evening Star, 16 January 1941, Page 5
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