PAVING THE WAY
INCREASE IN TAXES
MEETING RAILWAY LOSSES
(By Telegraph.—Press Association.)
AUCKLAND, This Day
"Mr. Forbes is to be .complimented on taking the public into his confidence, but thero is 'method in his madness,' " said Mr. Hobinson, secretary of the Auckland Farmers' Union. The Prime Minister appeared to bo trying to paint the case as black as possible, so that the public should be prepared for a further increase- in taxation.
'Professor Belshaw, Professor of Economics, commented that the great dependence on Customs revenue as a source of taxation was particularly unfortunate at a time like this. A longrange view of the national finances should be taken. It was not a year-to-year problem. The Railways losses could be reduced if motor competitors were made to pay their fair share of roacl maintenance and if unpayable branch lines wdi-o closed. If local districts were opposed to cosing, they should be prepared to make a special contribution to meet the loss.
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Bibliographic details
Evening Post, Volume CIX, Issue 125, 30 May 1930, Page 10
Word Count
160PAVING THE WAY Evening Post, Volume CIX, Issue 125, 30 May 1930, Page 10
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