TAXATION TRUTHS.

Auckland Star, Volume LIII, Issue 89, 15 April 1922, Page 12

TAXATION TRUTHS.

(To the Editor.) Sir,—The letter of Mr. J. H. Upton is to the point and every word is true. L'nfortunately we cannot pet nt anybody to prosecute for fraudulent bankruptcy as we "collectively own" the busi-1 ness. and must unfortunately '■c-ollec- [ tively" face the interest charges on State losses. This must fall on the taxpayers and the taxpayers are peopie who by their industry have got together something taxable. The Bolsheviks who have nothing to lose will, if they are as ignorant as the people of Russia were when they tried to adopt "Communism." ylory in hearing the taxpayers "squeal," until they realise that the poor are the I first and last to sutler. If we do not | at once give up this socialistic pro-1 gramme and allow private enterprise full I scope to develop the resources of tho j world we shall soon have thousands of unemployed people where we now have only scores. There is no need to raise | a "scare" and make the depression worse j than it is with such a big debt, and I small population, but we must come 1 down to practical commonsense methods | of doinir thin<rs and at once srivc up "collectively" doing things by State borrowing, and management by '"party" administration. If I had the power to command five millions sterling worth of "cTedit" I would not spend a penny until the present socialistic form of maiiage-rr.-nt of our affairs was entirely abandoned, as it would only prolong the agony. We can have immediate prosperity, and find work for a million people, and "purchasing power" for everybody if we go straight for private enterprise and thr present taxation is divided between a large prosperous population.— I am, etc., A. SAXFOE.D.