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THE PROPERTY TAX DEBATE.

TO THE EDITOR. Sir, —If the Premier really means what he says, let the exemption he made L2OO in place of LSOO. Nothing like touching a man’s pocket to make him take an interest. Mr Barron’s suggestion was the correct one —reduce government and departmental expenditure "till the tax vanishes altogether. At present the fringe of retrenchment has only been touched. Were a commercial house or company financially situated as the colony is, they would right themselves by reducing the staff. It is notorious that capital is being diverted owing to this obnoxious tax, and small men with L 3.000 or L 4.000 are leaving us in consequence. Taxing unproductive capital is madness. Make it productive some say. Yes, but who is to be the judge ’—surely the owner and not the State, Communistic as we are, we have not reached this stage yet.—l am, etc., Lumper.

Dunedin, August 15,

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https://paperspast.natlib.govt.nz/newspapers/ESD18890815.2.28.1

Bibliographic details

THE PROPERTY TAX DEBATE., Issue 7986, 15 August 1889

Word Count
154

THE PROPERTY TAX DEBATE. Issue 7986, 15 August 1889

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