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THE MARKETING DIVISION

Sir,—Mr C. H. Taylor is evidently trying to pose as an income and taxation expert, but I think that a little investigation would prove that lie is only being misleading. What your correspondent has written regarding the amount of income that is spread over this country's population is just so much rubbish. Mr Taylor is a true disciple of our Minister of Finance. If he couid only bring his mind a little closer to the earth and face facts, he would realise that if 10 times as much money was being earned in New Zealand it would amount to exactly nothing. What does count is the amount of goods that can be purchased with any specific amount. If for the coming year our purchasing power could be increased and our incomes stabilised we would be definitely better off. If, as Mr Taylor suggests, we will have 100 per cent, more income than we had in 1935, then we also have increased costs to tlie extent, of 150 per cent. —I am, etc., Better or Worse. South Otago, Sept. 27.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19451002.2.113.9

Bibliographic details

Otago Daily Times, Issue 25963, 2 October 1945, Page 9

Word Count
182

THE MARKETING DIVISION Otago Daily Times, Issue 25963, 2 October 1945, Page 9

THE MARKETING DIVISION Otago Daily Times, Issue 25963, 2 October 1945, Page 9

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