Little Regard For Future

Bay of Plenty Times, Volume LXXVII, Issue 15059, 20 August 1949, Page 3

Little Regard For Future

Taxation Levels Being Maintained Farmers' Presidents'® Prediction T'L Welli ngton, Aug. 19. low Sh*! W n W i at puzzled as to «* Mtt* Wlt (lecline in busiitiveKtdlons becoming opcraxatioji 5 SI ft to kee P rates of 'ear'' e oii he^ame levcl ™ last Iffii* 11 ' <* the Feder-' \*l BTdget. COmmCntinS today !m2°vL e^en diture for the la « &s P vni S i g -? mg t 0 be greater d^ure fDr last year, ln >e raS V s . ls P ro P°sed on the '% obvL, u taxati ™. It seems *at th,' howev cr, with taxa'ncliture he present levels and cx>aiiciai n™'ff cro 2 slng ' tha t the for the year 1950hol eDomin? ry i erious f w the I ic °nSdT- So . far farming )poi nted thnt ma l- say lam dis)ne to eivp S n t ° thm e has been P P tl nd^ str y Commission nd by red. n? tar !? ing of poorer Ration bv d Y C i ng . the burden of f emptln § cer tain exement^ onthis )Wev er, jRJS I disappointment, to alter tv? noth i"S has been Sir GX i sts so f ar as the is who wishes to sell 111 to be £V s ccm cerned. He is p p ta tl942 values At f nsifl ne s in nt out that this places

Small farm who has struggled all his life and denied himself in order to pay off his farm. ' ■ "Leaders of the Law Society and a Judge of the Supreme Court have pointed out the complete unfairness of adhering to 1942 values, but the Government chooses to let this injustice remain and is evidently not prepared to do anything about it. -In these circumstances they cannot expect the farmer to cegard their financial proposals in the present Budget very favourably."