EFFECTIVE LAND TAX.

Marlborough Express, Volume XLVIII, Issue 153, 2 July 1914, Page 4

EFFECTIVE LAND TAX.

As a means to the subdivision of tilie large estates the Australian Federal land tax is clearly most effective. In one year alone*, 1912-1913, according to the last report^ of the Tax Commissioners, the land sales of the Commonwealth totalled close upon fifteen millions sterling, an increase of over a million over the preceding year. The revenue accruing to the Federal Government was £1,316,735. inese aro bit* figures that we''have just quoted, and even admitting that Australia is \a big country they'prove most conclusively that in Australia land taxatton does actually "bring about' subdivision, and consequently is a healtihy stimulus to closer settlement. That is the sort of land tax we want in operation in; New Zealand, more particularly in Marlborough. How long we snail have to wait for it is quite another matter. ;