INCIDENCE OF TAXATION.
COMPLAINT IN AUCKLAND.
Per Press Association
AUCKLAND, Feb. C. At the annual meeting of the Auckland Ua.s Coy. Mr Ujiton, the chairman, referred to what he described as the inequitable incidence of the income tax whereby the Gas very active rivals, the Auckland Electric Power Board, were exempted while the Gas Company paid £17,500. It was a differential tax found only in halfcivilised countries, “but,” continued Mr Upton, “our Government is superior to all that and is a law unto itself. No redress is made. Consider what would happen were the Government to extend its operations a little further and undertake the whole business of the country and apply the same method of exemption as is now applied to municipal and Government trading. All business would be exempt and the revenue would have to be found by lawyers, agents, teachers, doctors, editors of newspapers, by the professional classes in fact, aided by any unfortunate old people who under happier cirnad saved a few pounds for their old age.”
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https://paperspast.natlib.govt.nz/newspapers/MS19280206.2.48
Bibliographic details
Manawatu Standard, Volume XLVIII, Issue 58, 6 February 1928, Page 7
Word Count
171INCIDENCE OF TAXATION. Manawatu Standard, Volume XLVIII, Issue 58, 6 February 1928, Page 7
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