REDUCTION IN TAXATION
Mr Holyoake’s
Naw Zealand was reaping the benefits of the Govern ment’s policy of "steady does it.” said the Prime Minister (Mr Holyoake) in Oamaru last evening “It is really paying off and is easily the best policy for New Zealand to follow ” he said The Prime Minister latei said that he was confident that the Dominion’s accounts would be "reasonably satisfactory on March 31,” and hinted at a reduction in taxation
In reply to an interjector. who claimed that the Governiment had failed to reduce taxes as promised in its election policy, the Prime Minister said: "We were unable to reduce taxes further because of the increase in the costs of government. But I hope very sincerely to do more about taxation in this year’s Budget I make no promise. ’ The Leader of the Opposition (Mr Nash) had promised in 1957 not to change the basis of taxation he said “And what did they do?” A voice (very doleful): They put the tobacco and beer up
Mr Holyoake: I only hope they did not stop you putting it Hewn
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Bibliographic details
Press, Volume CI, Issue 29767, 9 March 1962, Page 14
Word Count
183REDUCTION IN TAXATION Press, Volume CI, Issue 29767, 9 March 1962, Page 14
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