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LAND TAX

Sir,—Some facts on land tax and production:—

(I) Land tax is taken as a cost of production by the Price. Tribunal when assessing the sale price of a manufactured article. (ii) Thus the manufacturer is allowed to charge more for his article. (iii) He is allowed a percentage profit on cost, so makes a higher profit due to land tax.

uv) The public pay both these added costs.

(v) To the primary producer land tax is a direct tax on his “tools of trade” and cannot be handed on.

<vi) This tax hardly provides the cost of its collection and, if abolished, hundreds of men could be more profitably employed producing much needed goods instead of making a living from other people’s production. (vii) Primary producers’ land tax could be better spent on added production.—Yours, etc., TOTAL ABOLITION. Hawarden, September 21, 1948.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19480923.2.5.1

Bibliographic details

Press, Volume LXXXIV, Issue 25607, 23 September 1948, Page 2

Word Count
144

LAND TAX Press, Volume LXXXIV, Issue 25607, 23 September 1948, Page 2

LAND TAX Press, Volume LXXXIV, Issue 25607, 23 September 1948, Page 2