HIGH INCOME TAX.

Oamaru Mail, Volume XLIV, Issue 14042, 27 April 1920, Page 5

HIGH INCOME TAX.

Under the above title the issue of Ways and Means for 7th February contains an illuminating article, which in effect _ shows that the cost of Government in England at the present moment runs from twice.to ten times the cost in any other country. New Zealand is close, runuer-up. This estimate is' based on the income tax and super tax rates or special war income tax at pre-' sent .charged. The following table of i comparative charges which, has been compiled by Wavs and Means, together with the New Zealand charges, fully establishes the contention :-*■ Income-tax and super-tax payable on ■incomes of £2OOO and £SOOO in the following countries:

Income Income £ £ Great Britain £2000 £5000 600 1787 New Zealand .... 249J 1412 838 France 200 Nonvav 240 600 U.S.A. ... 146 536 Denmark .... 13Q '500 Sweden ■' 160 400 Australia 142 736 South Africa 92 • 270 Holland ....... ..... 6-5 213