Temporary Federal Government decisions

The longest temporary change in Australian economic history started in 1942 when the Commonwealth took over income tax from the States. The then Federal Government promised that the switch was only for the duration of the war. Makes you wonder about temporary budget deficits doesn't it?

Comments

Popular posts from this blog

Is Scott Morrison getting ahead of Malcolm Turnbull in the GST debate?

Prime Minister Scott Morrison under pressure as the question about knowledge of a rape gets embarrassing

Remembering that Labor only lost last time because of Bill Shorten