TAXATION COMMISSION.

Poverty Bay Herald, Volume L, Issue 16425, 8 May 1924, Page 4

TAXATION COMMISSION.

OBJECTIONS TO LAND TAX.

(Per Press Association.) ,' ' AUCKLAND, this day. The Taxation Committee sat to-day. Mr J. G. Haddow, barrister and solicitor, said! he objected to the land tax because it did not tax the individual according to his ability to pay; because it , taxed the man who had no money pay, and often actually on debts kfb owed; because it was an arbitrary tax on one class of property, and because of, the difficulty in collecting. The income. tax should' be regarded in the light of a family tax, allowance being made for • other adult members of the family. The income of companies' should be treated in the same way as persons. A person or firm could: not compete on level terms with a company if a company paid no income tax. No difference should be made in the taxation of incomes from debentures and from other sources. So that •» earned 1 and unearned incomes could eaisly , be grafted, there might be added a thirdclass suggested by Hartly Withers, income produced by inherited wealth or received by gift. - - "