LAND TAXATION PROPOSALS

New Zealand Herald, Volume LXVI, Issue 20331, 12 August 1929, Page 10

LAND TAXATION PROPOSALS

/RESENTMENT BY FARMERS.

CRITICISM IN HAWKE'S BAY.

[BY TELEGRAPH. —PRESS ASSOCIATION.] HASTINGS. Saturday.

The Hawke's Bay executive of (he

Farmers' Union discussed the Govern- '' rfient land taxation proposals and passed ~thc following resolution unanimously:— " That the Government proposals ore "■'Snsound -economically and not on an

. equitable basis in that, they hinder the progress of the Dominion by retarding production, and they discourage those who are spending much capital in break* •.'iiig in unproductive land, thereby caus- : - '■ing more unemployment, retarding exports and curtailing the circulation of ""/Wiicli needed ready money. Any fresh taxation 011 the farmer in view of the

large drop in values for wool, mutton and 7/lanib would bo disastrous." MID-CANTERBURY PROTEST. f" the proposals condemned. Try telecp.aph.—press association.] ASIIBURTON. Friday. After considerable discussion in which the Budget* proposals were roundly condonmed, the Mid-Canterbury Executive of i*.T Union passed a resolution .protesting against tho proposals of the hovmimcnf. 11, regard-to the increase of 1011 0,1 k* l "' ns i' l tho opinion of tho txecutivo such proposals would have tho •'ltect of decreasing rather than increasing the number of irwn on tho land .There was no doubt, the executive con. / .fidered, the lowering of mortgage e\- > ©melons- would seriously affect" a largo -.number of farmers who were • onlv just v/'£W>vering. from the effects of a'slump ■£. find the executive suggostcd that from an ... VI onouiic viewpoint retrenchment in exJ'Ciuiituivwould be of greater service to the country than an increase -in taxation.