SALES TAX
REDUCTION URGED
(Special to the "Evening Post.")
PALMERSTON N., This Day.
The Palmerston North Chamber of Commerce has been pursuing its inquiries into various aspects of the sales tax and has found difficulty in suggesting how anomalies might be overcome. However, at a meeting yesterday it reaffirmed a previous motion that the tax should be reduced progressively with the improvement in the Dominion's finances, and expressed the opinion that the inequity of the anomali.es would be overcome by reducing the tax immediately by 2 per cent. It was pointed' out that the official estimate for the revenue from the tax for the first year was £1,500,000 whereas £ 1,847,000 was collected, and the revenue for the second year was approximately £2,150,000. .
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Bibliographic details
Evening Post, Volume CXIX, Issue 85, 10 April 1935, Page 10
Word Count
122SALES TAX Evening Post, Volume CXIX, Issue 85, 10 April 1935, Page 10
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