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Taxation tin land values is tho only remedy lor I lie present depression (writes "A Farmer" iu the Kungitikei 'Advocate'), and let us just examine this lrom the laud-user's point of view, lor he will pay tlio tax, ami it is certain the land can hear no fresh burdens upon it. As things are at present, let us say a start is made with Id in the pound upon the unimproved value, and gradually increased till a proportionate amount of this value is taxed away. What would he the result : J All rents and the rate of interest on borrowed money must fall. Laud would be plentiful, for the reason that it would only bo of use to those who made a living by working it, or building upon it—speculation in it would lip at an end. The land-user would pay the tax. but for every penny ho paid 2jd or lid would come oIE the other side of the account by way of reduced interest on borrowed money or rent as the case might be, without considering the benefit he would derive with the rest, of the community by the reduction and ultimate extinction of all ather taxes and Customs duties. "With the price of land at £-101) per square loot, as it is in Millie parts of Wellington, this Id in the pound unimproved value would bring in a large sum. With this a good start could be made in reducing taxes and Customs duties, therein- increasing the spending power of tinpeople. In the case of those lucky individuals owning laud. but paying neither rent or interest on borrowed liionev. their coni£ionsatiou for the tax paid would be in cheaper living, and a conscience made easy by the knowledge that some of their surplus wealth was going to assist their less fortunate neighbors. IV this was not sufficient they would divide up their land into areas for -which there was most demand, aud lease or sell to get the best price for it. Whether resulting from a sprain or from rheumatic pains, there is nothing so good for a lamo shoulder as Chamberlain's Pain Balm. Apply it freely and rub the parts vigorously at each application and a quick euro is certain. For sale everywhere. 5 Hoarseness in a child subject to croup is a suro indication of the approach of the disease. If Chamberlain s Cough Remedy is given at once or even after the croupy cough has appeared it will prevent tie attack. Pleasant to take and contains no poison. For sale everywhere. i

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https://paperspast.natlib.govt.nz/newspapers/ME19090721.2.20.3

Bibliographic details

Mataura Ensign, 21 July 1909, Page 3

Word Count
428

Page 3 Advertisements Column 3 Mataura Ensign, 21 July 1909, Page 3

Page 3 Advertisements Column 3 Mataura Ensign, 21 July 1909, Page 3