RACING AND TAXES.

Auckland Star, Volume LIII, Issue 191, 14 August 1922, Page 7

RACING AND TAXES.

AMOUNT PAID BY A.R.C. The taxes paid to the Clovernment during the year by the Auckland Racing Club were mentioned by Sir Edwin Mitchelson in his statement to-day at the club's annual meeting: From the operations of this club, said the president, the Government received last year the following amounts:—Totalisator percentage .-lia.Suo, totalisator fractions J-filiO. totalisator dividend duty £39.720, gates and privileges receipts tax £880. I Amusement tax £_,!)6.->. income tax £12.990, land tax £1,060. stakes tax £11.27-: total £55.410. The total paid for the year b.v this club to the Treasury without any cost to the State for collection is therefore the huge sum of Jt'SS.4lO for eleven days' racing. It is surely obvious that taxation of this staggering nature cannot be long endured except by the strongest of the club-. The weaker ones, and pspeciaTiy one-day clubs, must assuredly go to the wall or suspend their operations. Owners are unfairly treated by the 10 per cent, duty on their winnings, the public are unfairly trciited by the .l per cent. I deduction from their dividend-. All sections of the racing community should I join hands in protesting against being I singled out for class taxation of so op- I jpressive a nature.