TOTALISATOR TAX.
While explaining to the House o£ Representatives yesterday afternoon tho reasons for the increase in the totalisator tax in the Finance Bill, the Prime Minister (the Hon. G. W. Forbes) said that it was necessary that every source of revenue should be called upon to provide money to carry on the Government. ' ' A Eeform member: "Will the Govornment take over the Gaming Amendment Bill?"
Mr. Forbes: "I understand that the member for Bay of Plenty (Mr. K. S. Williams) has a Bill coming down, and that will bo considered later on." He had been on a racecourse recently, and had asked soveral people what they thought of the proposed increase inthe totalisator tax. Not one had raised any objection. Thoy were sports, and were willing to bear their share of the burden. Mr. J. S. Fletcher (Independent, Grey Lynn): "Are you taxing them because thoy are sports?" Mr. W. J. Poison (Independent, Stratford): "Was it the dividend window you woro at?" Mr. Kyle: "Don't you think it would reflect on all other taxation!" Mr. Forbes said that thero wasbound to be a decrease in totalisator investments, and he would not like to express an opinion aa to how much the increased tax would bring.
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Bibliographic details
Evening Post, Volume CX, Issue 43, 19 August 1930, Page 8
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206TOTALISATOR TAX. Evening Post, Volume CX, Issue 43, 19 August 1930, Page 8
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