TAXATION HARDSHIPS
WIDOWS AND ORPHANS SMALL INVESTMENT ESTATES (By Telegraph—Press Association.) DUNEDIN, This Day. At the annual meeting of the Trustees Executors and Agency Company, Mr. G. R. Ritchie, chairman of Directors, said that some prominence had been given during the year to the fact that the country was the heaviest taxed per head of population in the Empire and more would no doubt be heard on this subject shortly. He made a plea for the widow and orphan, and elderly ladies who had to live on a small investment income. The drop in the interest rates and the rise in living costs had been a double blow to this class of taxpayer, and in addition, in some cases, capital had been written down to help a mortgagor.
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Bibliographic details
Evening Post, Volume CXXV, Issue 144, 21 June 1938, Page 18
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128TAXATION HARDSHIPS Evening Post, Volume CXXV, Issue 144, 21 June 1938, Page 18
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