Page 20 Advertisements Column 1

Press, Volume CVI, Issue 31223, 22 November 1966, Page 20

Bh AS>x4 *• > ’- •••Jp£| ’ V '• "’ ,; - 1» *'”‘‘ J Zf I V i r Zf/ \ ■ -.,. - W j ' , ■> ■X•’■ - - ' ' ‘ ~*j ga *£<*»* ■■* ‘' ' I ' I HL i ——, idffifejL -'-"'X '■ V. y I Buf* ■• z b bw I '- ' >’ «< A ' /m 'CXjfl ' B 1-0 B ' W * • ■ W#• -Sb. ■ ’ 1 MW. ' ■■ '-■'X? niiMMM HKt M --^i\fg-. •■ w • i'• • «• WT .■ L <’ > "’' F T SjH r -u I Bak '■-'■•■ • ■ -w.- ■ »<wi ■ B%yi <«J3ohE - Z 4 - B' 188- s l ": : "sW b ■ W b/\ / W J F al S^'~ ‘ •Ji r*j|| jR|SjjM B </ -'' J ?W; ; - -SH 4 4W»M * ? s Xl4 .<w4wKt7<> , - W -rT-T tBE ■ ».- K :-■ fl --&W< * ■ «■ f . >, y? A^B-t -5 / r?~ - a.* -'W 'i B * »' 4-* aOw JBH;. < &j£iJv*9v : Z 'W’ ; ' >: W1 - Every home owner in New Zealand faces the pro- The couple illustrated here pay £64 in rates. Their blem of increasing rates. The burden is particularly income does not exceed £624 so they receive the full heavy on pensioners and superannuitants and those rebate and pay only £3l-6-8 —the Government will on low incomes. Today rates often amount to more pay the rest. than what mortgage repayments were when these D A married k wUh thrM chairen t jhefu!l people boughttheirhousesAfteryearsofstrugglmg rebat e on an income of £B5B a year. to provide themselves with a home of their own, they are faced with crippling rate demands when D A family of 5 children get the full rebate on an their earning power is at its lowest. income of £1,014 a year. A Labour Government will not let this situation y ■■■ —■■■■■■■im^mmimmmm— —■ continue. It will immediately introduce a scheme of • a V "■ rate relief for people on low incomes. The scheme A will work like this. Every owner-occupier will meet ■ I WB“ AB ■ ■■“xMJthe first £l5 of his rates, plus one third of the M ▼ W/ X MllnflßV balance. The remaining two-thirds will be met by ♦ Government—providing the ratepayers income is yHKZI g ffß CB not more than £468 for a single person, or £624 fc r J V ■ wMM wB a married couple (plus £7B for each dependent child). The rebate tapers off by 2/6 in the pound ■ AB HHB RR HH Mb where income exceeds these limits. ■ AB HB V»n 88l At a later stage Labour will allow a proportion of ■ BB E|||k BB g B I|S rates on owner-occupied homes as an income tax H BBBBBp S : Jg deduction. So Labour sees clearly the problem of soaring local body rates and will act immediately. M These are just a few examples of how a Labour g /^W7/^W»>» Government will solve the problem of rising rates. VjTkj Wo. 11l HCMjH Issued by the New Zealand Labour Party LPB