THE LAND TAX.
" WHAT IS "COUNTRY LAND"? ■ As stated in the Budget the Government propose to increase tlie land .tax t by an addition of 50 per cent, to the 5 present rates of graduated, tax on o' "country lands." , The details of this ; 3 proposal will bo set forth in,an amendr ment of the Land and' Income Tax As- ■" sessment'Act. ; There is no precise det , fill it ion in tho meantime, of ' 'country ® lands," but the Prime Minister, in re- ® ply. to. a question last evening, said that country lands are classified as. rural landK under the Land Act. The . other- classes of land mentioned in t'he Land Act are "town" and "suburban" lands. The Bill, whicSh lias yet to he prepared, will, of course, males it clear which lands are to be subjected to the increased tax, and which lands are to ,f be exempted. : « HIGHER RAILWAY FARES. if In regard'to .the proposed increases i- in railway charges outlined 'in tlie s- Budget and the aggregate of which will ® be; about £360,000, it is suggested that g the holiday excursion rates,, which ! are « now ordinary single journey .fares for 0 the return journey, ■ may be .increased r to one and a, third times tlie single fare. • n The Prim© Minister, however, states that nothing: has been yet decided, a? K the matter will have to com© before Cabinet'before any'definite proposal is 6 adopted. y• ; ■
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Bibliographic details
Dominion, Volume 8, Issue 2554, 31 August 1915, Page 6
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236THE LAND TAX. Dominion, Volume 8, Issue 2554, 31 August 1915, Page 6
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