OPINIONS OF BUDGET
“NO INCENTIVE TO WORK ”
VIEWS OF BUSINESSMEN The opinion that, though the Budget urged greater production, it gave no incentive to work, and, indeed, might cause a move in the opposite direction, was expressed by Mr H. C. Hurst, president of the Csnterbury Chamber of Commerce. A large increase in expenditure on major Government works was provided for, and there was no indication that the large number of persons engaged in Government departments would be reduced to make more manpower available for productive work. Mr B. J. Masters, president of the Canterbury Manufacturers’ Association, said that his group was disappointed that there had been no relaxation of taxation on industry. His members felt that sales tax could have been reduced, and that a revision of customs charges was urgently needed. The president of the South Island Motor Union (Mr W. R. Carey) said that motorists had been pressing for a long time for the removal of the war tax on petrol; but the Budget gave no relief.
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Press, Volume LXXXIII, Issue 25270, 23 August 1947, Page 10
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170OPINIONS OF BUDGET Press, Volume LXXXIII, Issue 25270, 23 August 1947, Page 10
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