Labour’s tax policy
Sir, — Cedric Mentiplay thinks that the cost of Labour’s tax package “seems likely to be more than $400M.” It appears he is using National Party estimates, which have ranged widely (and wildly) from S73OM to $475M. Surely it would be fairer to use either (a) Labour’s figure of S3B6M, a figure arrived at after careful costing by independent accountants and economists; or (b) The Treasury figure of S4OOM minus or plus a margin of error. Clearly the Treasury accepts Labour’s estimate within its own calculations. Mr Mentiplay should play fair and do the same. — Yours, etc., E. BERRY. August 16, 1978.
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Press, 17 August 1978, Page 16
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104Labour’s tax policy Press, 17 August 1978, Page 16
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