TAXATION OF WEALTH.
;S Sir,— ono taxed the rich to such an extent iki to prevent them from accumulating. wealth theft you would deprive the capitalist of the means wherewith to embark in production on a large scale and thiw all would. auSer. After a life-long study of economic problems I have come to ■ the conclusion that the only way a sound financial Byslem can be established is to let everyone make all they can, provided in _ the doing thereof they do not trespass in the rights and liberties of others, but let the State confiscate at death the great bulk of tlio fortunes of those who do not sjend their wealth during their lifetime. 0, P. W. LoNGbiiA.
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Bibliographic details
New Zealand Herald, Volume LI, Issue 15626, 4 June 1914, Page 10
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119TAXATION OF WEALTH. New Zealand Herald, Volume LI, Issue 15626, 4 June 1914, Page 10
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