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-.: ', ■ ' PUBLIC NOTICEB. _. Prohibition arid Taxation. A Statement on this question appeared in the last issue of this paper. Continuing this statement:— M . ■Q.—WHAT, THEN, IS PROBABLE NET RESULT OF PROHIBI■TTON TO' THE COUNTRY'S FINANCES? „ . Answer.—On basis cf 5 per cent, increased efficiency— . .■■••■ Gains will be ... £2,370,000 Losses will be ... £1,250,000 Net gain through; prohibition. ... £1,120,000 If increased efficiency; is 10 per cent it will add to this 1 another 5 per cent., or ... ... £780,000 Making Net Gain ......... £1,900,000 If American Estimate of 21 per cent, increased efficiency is attained ' ■ ' it will add to the ' .. revenue another ... £1,716,000 ;•'.■' Bringing; the Total Gain to ... £3,616,000 q— is this the only financial gain! to the domin- . ..,., ..,..,_ : ,ion.?, . ;..,- .•■..■■;. .■ ■- .. _.■ . ■■ .;;..::;/: , Answer.^—No." The above only deals with the gain "to State .; Revenues. The State now only takes £1512s in every £100 of Production, the other £84 8s remains with the people. The gain to the people, therefore, would be immensely . .greater than the gain to the National Revenue. There is. Wtloubt that Prohibition means a higlier standaM of living, a reduced cost of living, and reduced taxation. It means more production, higher incomes, and greater earning power for everybody. It requires no financial expert to see that if you increase the volume of production available for taxation you reduce the rate of tax required to produce a given sum, and also the reduction in the State expenditure that Prohibition will bring about, will still further reduce the amount of taxation. ; ' ■•;,■ ■ ■"■";,.„_' . • -—- -;-—- i r—-t^-ts-^", "■..'-■ . ■ ' T'snyu* 1 STRIKE OUT THE TOP LINE ON THURSDAY, 10th APRIL. ; |: |||<n < ' . t ' . - • , TO-NICHT ! TO-NIGHT! NATIONAL EFFICIENCY LEAGUE. Mr. VV. aIUNT, Dominion President, Managing Director of .'Messrs Wright, Stephenson and Co., and connected with, many other business concerns, will discuss: NATIONAL PROHIBITION, FROM A riNAUCIAL ASPECT, In the THEATRE ROYAL, TO-NIGHT, at 8, TO-NIGHT, at 8. Questions Invited. . Farmers and Business Men requested to be present, :

SECOND EDITION : 4.0.

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https://paperspast.natlib.govt.nz/newspapers/AG19190331.2.18.2

Bibliographic details

Page 4 Advertisements Column 2, Ashburton Guardian, Volume XXXIX, Issue 9573, 31 March 1919

Word Count
314

Page 4 Advertisements Column 2 Ashburton Guardian, Volume XXXIX, Issue 9573, 31 March 1919

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