TOTALISATOR TAX

Nelson Evening Mail, Volume LXIV, 30 May 1930, Page 5

TOTALISATOR TAX

SUGGESTED INCREASE OPPOSED LIMIT OF RACING TAXATION REACHED (By Telegraph—Special to “The Mail”) CHRISTCHURCH, This Day. A reply to the suggestion of Mr Poison, M.P., that a further 5 per cent, be added to the totalisator tax was made at the annual meeting of the Canterbury Jockey Club by; the chairman, Mr H. A. Kniglit. Mr Knight said that members would notice from the balance sheet that during the year the club had paid in taxation £13,649. the public had paid £21,600, and owners £lBlO. He had noticed that Mr Poison was advocating a further 5 per cent, increase in the totalisator tax, but that was simply killing the goose that laid the golden eggs. There was always a limit beyond which they could not go, and that limit had already been reached, if not passed. In referring to the proposal to enable money to be telegraphed to the totalisat.or the chairman said that the Racing Conference had considered it inadvisable to place it before Parliament last year, but it was hoped that it would be given favourable consideration this year. It was fairly obvious that it would increase the revenue of all clubs, and would give the Government more revenue. A great deal of money which would be telegraphed to the totalisator now went to the bookmaker.