Article image
Article image
Article image
Article image
Article image
Article image

‘Farmers pay too much tax’

PA Wellington The Social Credit spokesman on agriculture and candidate for Tarawera, Mr Cedric Blaymires. says farmers are paying too much tax. Any increases in farm production should not be taxed, as what was produced through harder work or better management should belong to the farmer, Mr Blaymires said in a statement. Other agricultural policy he announced was: 9 Allowing a farmer to treat his basic livestock as capital stock, so that they would

become part of his capital assets. 9 Social Credit's income tax would attract farmers trying to raise money for a farm. A person earning the average wage would have an extra $3l in his or her pocket. 9 Farm employees would be entitled to tax deductions for the maintenance of their own gear and animals, car depreciation, and telephone rentals. • Death duties would be eliminated for "economic family units," but "at the top end of the scale” they would be imposed.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19811119.2.120.2

Bibliographic details

Press, 19 November 1981, Page 25

Word Count
160

‘Farmers pay too much tax’ Press, 19 November 1981, Page 25

‘Farmers pay too much tax’ Press, 19 November 1981, Page 25