"AWFULLY ROUGH DEAL"
THRIFTY PEOPLE'S TAXES
(By Telegrraph.—Parliamentary Reporter)
WELLINGTON, this day
Dealing with social security in the financial debate, Mr. Holland said the statement disclosed a most unsatisfactory state of affairs. The fund, he declared, was short of being selfsupporting this year by £6,550,000. "If we are going to build up costs of living by bonuses and subsidies," Mr. Holland, continued, "then I suggest for the consideration of the House that it would be far more just to give the 30/ a week pensioner the 5/ rise rather than the £9 10/ a week person. I want to make a plea for those thrifty people who provide for themselves. I think they have had an awfully rough deal from this Government."
Mr. Holland said that a man and his wife who earned £1 and received the age benefit of £3 paid tax on the £1, leaving £3 17/6 a week. Another couple with an income from savings or superannuation amounting to £4 paid tax on the full amount of 10/, leaving them*, with £3 10/. No person who provided for himself should be worse off.
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Bibliographic details
Auckland Star, Volume LXXIII, Issue 106, 7 May 1942, Page 8
Word Count
186"AWFULLY ROUGH DEAL" Auckland Star, Volume LXXIII, Issue 106, 7 May 1942, Page 8
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