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LAND TAXES

In a reference to the incidence of taxation, the' President of the Farmers' Union (Sir James Wilson), in his annual address, read at the conference 'to-day, said- that it was unfair that the landowner should pay graduated tax on a mortgage. The original graduated tax was to induce the cuttingup of lai"ge estates, and not to penalise small farmers. The land paid the land tax; then local rates to, maintain the roads in order, and to help run the hospitals, ;and the harbours. A large amount of the railway revenue came from the carriage of land produce. Stamp and estate duty was largely paid by the land, and a fair proportion of death duties also. At least half the special war tax of six millions came fron: the land. When in addition to all this it was remembered that the fnrmer paid his share of Customs duty,, it was. to be hoped that special direct taxation for war purposes would eoqn be removsd.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19200727.2.54

Bibliographic details

Evening Post, Volume C, Issue 23, 27 July 1920, Page 7

Word Count
165

LAND TAXES Evening Post, Volume C, Issue 23, 27 July 1920, Page 7

LAND TAXES Evening Post, Volume C, Issue 23, 27 July 1920, Page 7