Taxation system

Press, 22 September 1980, Page 16

Taxation system

Sir, — In reply to J. Ngarimu (September 15), taxation may be legal, but at what stage does it stop being helpful and start becoming anti-social? Thirty per cent, 50 per cent, 90 per cent? A million working people paying $7 billion in tax means 80c in every dollar goes to the Government through P.A.Y.E., sales tax, duties, licences, etc. And incredibly, this is not enough. They then borrow overseas, a promise of even heavier future taxation, and as a final body blow they inflate the money supply, which covertly taxes our dollars even while in our pockets. New Zealanders have been so complacent while their beautiful and once prosperous country has been dragged down to a Third World level, with incentive crushed and degrading handouts the norm, that I wonder when they will say “enough!” rejecting both Labour socialism and National socialism for a return to the sanity of free enterprise. — Yours, etc., L. A. HUNT. September 17, 1980.