AT WHOSE COST?
There was no private ' institution inside or outside New Zealand that could give the v benefits available under the Social Security Act at the same cost, declared the Prime Minister in'his Sunday night political broadcast. The statement calls for some qualification. The benefits under the Act are certainly far in | excess of what many of the smaller contributors pay for, but these are not without cost. 1 The cost falls upon the taxpayers and upon the bigger contributors who will receive much less than they would if they were dealing with a private institution. No private institution would be permitted to take a shilling in the pound from everyone's income, plus a heavy tax subsidy, and llien apply the funds for benefits to a section of contributors. The accuracy of the claim made by the Prime Minister (as regards some who benefit) proves the inequity of the scheme.
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Bibliographic details
Evening Post, Volume CXXIX, Issue 18, 22 January 1940, Page 6
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151AT WHOSE COST? Evening Post, Volume CXXIX, Issue 18, 22 January 1940, Page 6
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