The Archive · 1940

Australia's War Measures

Extension of Powers to Marshal Overseas — Credits; Compulsory Military Training

taken by the Federal Government to marshal oversea credit of Australia for national have been ex-of war finance must be provided loans. Increased taxation is inevit-pushed to any bona-fide pur-withheld are subject ture. Any person trying to market is liable to imand forfeiture. Penalties everybody's mind is 4 and this undoubtedly will be introduced in November, but the yield, no matter how severe the tax, will be relatively small In the last war the lax brought in a total of under £8,000000, and never yielded as much as £2,600,000 in any one year.

Other forms of additional taxation now under consideration by the War Cabinet include:—Increased income tax; a super-tax on incomes of over £2000 a year; a stiff increase in inheritance duties; further duties on beer, wines, spirits, tobacco and lines officially regarded as being of a luxury character; widening the range of sales tax; increased postal charges.

There is a possibility of the Federal entertainments tax being revived, but this tax, during the last year, brought in a relatively small amount, and may not be considered worth the added administration dif-culties.

Text read from the printed page and cleaned; old type leaves the occasional error.

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