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TAXATION REVENUES.

1936 AND 1938 COMPARED.

TOTAL INCREASE £10,107,000.

(By Telegraph.—Press Association.) WELLINGTON, Monday. A comparison between taxation revenues in 1936 and 1938 was made by the Hon. W. Nash jn his speech at Lower Hutt to-night. The major comparisons quoted by Mr. Nash showed the following increases: — Customs, £2,000,000; sales tax, £1,000,000; land tax, £600,000; income tax, £4,500,000. Total, £8,700,000. With increases on other items there was a total increase of £10,107,000. Mr. Nash gave the following figures to show where the money had gone:—Debt charges, £100,000; reserves, £800,000; administration, general, £560,000; finance, £144,000; justice and police, £235,000; defence, £590,000; public works maintenance, £950,000; development of primary and secondary industries, £792,000; health, £520,000; education, £900,000; pensions, £2,70o,000; highways, £730.000; exchange, £230,000, making a total of £9,251,000. Other minor items brought the total up to £9,300.000 which, with £800,000 surplus, j approximately, accounted for the addi- I . '■

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19380517.2.114.2

Bibliographic details

Auckland Star, Volume LXIX, Issue 114, 17 May 1938, Page 12

Word Count
147

TAXATION REVENUES. Auckland Star, Volume LXIX, Issue 114, 17 May 1938, Page 12

TAXATION REVENUES. Auckland Star, Volume LXIX, Issue 114, 17 May 1938, Page 12