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WHO PAYS MOST OF TAXATION BURDEN?

WELLINGTON, August 24 (P.A.) —The taxation to provide the £130,000,000 that the Minister of Finance (Mr Nash) was asking for would fall the heaviest on the group with incomes from £3OO to £5OO, said Mr W. A. Bodkin Opposition, Central Otago), speaking in the House of Representatives today in the Budget debate. Proof of that could be found in the fact that the combined income of those on the higher income level—£2ooo or more—would not amount to the cost of one month’s government of the country, which was £9,250,000. Mr Bodkin, replying 'to an interjection by the Minister of Transport (Mr F. Hackett), who asked what companies paid in taxation, said that it was the consumer and no other who paid that taxation.

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https://paperspast.natlib.govt.nz/newspapers/GEST19490825.2.67

Bibliographic details

Greymouth Evening Star, 25 August 1949, Page 7

Word Count
129

WHO PAYS MOST OF TAXATION BURDEN? Greymouth Evening Star, 25 August 1949, Page 7

WHO PAYS MOST OF TAXATION BURDEN? Greymouth Evening Star, 25 August 1949, Page 7

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