Taxation
Sir,—l dispute the statement in the journal of the New Zealand Society ofy. Accountants, that a growing! consensus favours an urgent and progressive switch to indirect taxation, (“The Press,” May 26). I would say that most people are against both direct and indirect taxation, realising that our total tax burden must be lightened. Our income tax is too high and inequitable, but the growth of indirect taxation on imports, commodities and services is eroding what is left of the taxpayers’ spending power. The call is for tax reform and tax relief, not one or the other. The journal suggests a retail turnover tax, but does not consider an over-all turnover tax to replace all other forms of taxation. This one change would give us both reform and relief in the form of lower taxes for the wage and salary earner, the abolition of sales and import taxes, and a totally equitable tax system that will not favour or unfairly exploit any particular group.— Yours, etc., M. J. STANLEY. May 27, 1981.
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Press, 1 June 1981, Page 12
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172Taxation Press, 1 June 1981, Page 12
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