CRUSHING TAXATION
SYDNEY’S DILEMMA. New Zealand is not alone in the struggle to keep step with crushing Government taxation of racing, as the annual report of the Australian Jockey Club proves. The A.J.C. distributed £lOO,OOO in stakes last season, spread over twenty race days at Randwick and eight at Warwick Farm, and for this the State Government held out its hand for a cool £112,743 in taxes! The paternal Government demands 9 per cent, in addition to charging race-goers nearly double fares on rail and tram. Tote receipts fell off by £76,000, punters preferring the betting shops to the course. Betting shops gave work to a squad of policemen and barristers, but that is poor consolation to racing clubs. Still the A.J.C.’s receipts from all sources totalled £210,476, and when the balance-sheet was made up the surplus was £667. Much labour and little gain.
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Te Awamutu Courier, Volume 53, Issue 3812, 23 September 1936, Page 6
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144CRUSHING TAXATION Te Awamutu Courier, Volume 53, Issue 3812, 23 September 1936, Page 6
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