TAXING THE TAXES
Sir, —I consider that attention should be directed to the fact that again this year no deduction from income tax is allowed for payments made in unemployment tax. Until last year the amount paid in unemployment tax was allowed as a deduction from income for income tax purposes. Now the point that strikes one forcibly is that every taxpayer's income tax return of salary throughout the Dominion is being inflated, in that some will show totals based on 20s in the pound, whereas the amounts actually received were only ]9s 4d in every pound, the difference of 8d being absorbed in wage or salary tax and which the earner did not handle or receive. Thus instead of being taxed on net income, or the actual amount of salary * received, taxpayers are being taxed on false or inflated earnings to the extent of eightpence in the pound on every-taxable salary throughout the Dominion. Taxpayer. I Green Lane.
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https://paperspast.natlib.govt.nz/newspapers/NZH19370510.2.140.3
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New Zealand Herald, Volume LXXIV, Issue 22724, 10 May 1937, Page 12
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159TAXING THE TAXES New Zealand Herald, Volume LXXIV, Issue 22724, 10 May 1937, Page 12
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