TEL: 27. Jan. 93 14: 45 No. 022 P. 01/ 01
PRIME MINISTER
STATEMENT BY THE PRIME MINISTER, THE HON P J KEATING MP
DR HEWSON'S TAX PHILOSOPHY
The essential point which emerges from the taxation
material aired in Christ ne Wallace's biography Is Dr
Hewson's philosophy towards taxation.
Taxation is the issue which Dr Hewson has made the
centrepiore of his policy tor Government.
Dr Hewson's QW would make tax unavoidable for the
unemployed and the low paid who have to spend 100 per
cent of their income by taxing their expenditure.
Apparently he believes that the expenditure of the low
paid should be fully taxed, but the income of the highly
paid should be open to tax minimisatlon.
Apparently in Dr Heweon's case it is okay to pass oft as
a business expense the normal costs of domestic housing.
If Dr Hewson confirms the suggestion In the Wallace book
that he pretended a domestic and personal expense was a
business expense, for the purposes of tax minimisation,
legitimate question8 arise about his approach to taxation
end social equity.
His message to Australia is that In tax matters " you' 11
pay as I tell you through a GST", but with income tax
" you'll pay only as needs be, upon advice from a tax
accountant." The message seems to be that if you can afford elaborate
tax advice you can minimise tax, but if you are a wage
and salary earner you'll pay on Virtually everything you
consume and every service you use.
CANBERRA January 27, 1993
Keating, Paul
Period of Service: 20/12/1991 - 11/03/1996
Find more information on Keating, Paul on the:
Release Date:
27/01/1993
Release Type:
Media Release
Transcript ID:
8800
Document:
00008800.pdf
1 Page(s)
Released by:
- Keating, Paul John
STATEMENT BY THE PRIME MINISTER, THE HON P J KEATING MP DR HEWSON'S TAX PHILOSOPHY
8800