TAXATION.

Nelson Evening Mail, Volume LII, Issue 53, 2 March 1918, Page 1

TAXATION.

ROYAC COMMISSION URGED-.- - 'At our annual meeting some months ago the chamber urged upon the Government to set up a Royal sion with, a "view of investigating porting upon the most equitable system, of taxation! in order that this country might meet its heavy financial bu'rdptfjj in such a manner as would not ihftisi undue injury upon any industry "or" sons, said Mr C. H.. Hewlett at tlje quarterly meeting of the Christchuroll Chamber of Commerce, on . Wednesday last. Although some six months .had now passed, he continued, nothing had been done. The Prime Minister and the ; Minister of Finance would shortly bo i off to England, after floating. another \ large loan, and. it appeared not imprpb'i able that history mifjht repeat itself and | that upon the return from England .of, t>i<? Prime Minister and the Minister of Finance. Parliament micht be called upon to discuss huge taxation proposals at short notice without any systematic: at" tempt made 1 to solve the T>roblb?n by getting "the advice of the best braitae - in the community, in the shape of I Royal Commission. and. that the anomalies of the past might be accentuated Ati the future. The chamber should make a determined effort to have the taxatio'H of the country thoroughly investigated/ with a -view of changing it from a poU- . tical into a sound economic system-. Utiles this were done the future and trade of the Dominion would.jbo - eerionslv handicapped. Mr 0. c.omnlaiued that farmers were unuratly. treated in that mortgages were not exempt from taxation. A man "hose eciuity in a farm amounted to JTj< might haye to nay laud tax on £7O(*V It ,was decided to reaffirm the resolution of the annual meeting, and to urge thfl Government- ,to ft once Rive a defiiiito' . reply on