TAX-FREE NEW ZEALAND?
Sir, —“Veracity” is anxious to know how taxation could be reduced and yet leave sufficient revenue to keep the Consolidated Fund solvent. If he looks up a copy of the “Communist Manifesto” he will find certain measures recommended. The first one is “abolition of property in land and application of all rents to public purposes.” If the second half of this measure were brought into force and economic rent of land taken for public purposes, then taxation on labour and capital could be largely eliminated. There is an organisation that advocates securing economic rent for public revenue. Your correspondent might learn something if he got into touch with the New Zealand League for the Taxation of Land Values. ‘ . R.U.V.
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Gisborne Herald, Volume LXXIII, Issue 21978, 23 March 1946, Page 4
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122TAX-FREE NEW ZEALAND? Gisborne Herald, Volume LXXIII, Issue 21978, 23 March 1946, Page 4
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