"WILL BE PUT RIGHT"

Evening Post, Volume CXXIV, Issue 55, 2 September 1937, Page 8

"WILL BE PUT RIGHT"

TAXATION INCIDENCE

MR. SAVAGE'S ASSURANCE

(By Telegraph—Press Association.)

CHRISTCHURCH, September 1

Attending his second official welcome in Christchurch since the election of his party to power, the Prime Minister (the Rt. lion. M. J. Savage) was given an enthusiastic reception tonight by a crowd which all but filled the St. James Theatre. He Was warmly cheered. He made an emphatic declaration that the incidence of taxation would be "put right."

."We are always being told there is trouble ahead," Mr. Savage said. "The great stock-in-trade cry is that we promised to reduce taxation and have t not done it. This comes from the people who put the taxation on. 'What is going to happen to the sales tax?' they ask, but will they tell us hoW: the sales tax got on in the first place? I 'What about the rate of exchange?'! they say. Well, who put it on, and| who raised it? It is easier to raise j than to lower it. I "But the incidence of taxation is j not right. We have to put it right,! and will do it. The main cause for the increase in taxation in the aggregate is that the aggregate income is bigger,'due to a more equitable distribution of the value of production. We did not raise the price of wool, it is true, but we distributed.the re* turn from wool mo^e equitably."