LOWER TAXATION.

Taranaki Daily News, 24 September 1924, Page 4

LOWER TAXATION.

TEST FOR GOVERNMENT. CLOSE VOTING EXPECTED. ONE REFORMER OPPOSED (By Wire—'Parliamentary Reporter.) Wellington, Last Night. A statement haa been published in 'Christchurch that the Government is facihg a serious crisis over its taxing reduction proposals, but inquiries here indicate that the Reform Party is con fident of carrying the Bill by a small majority. ATI along it has been un derstood that Mr. J. <F. Rblleston (Government member for Timaru) will not vote with the Government on this Bill. BILL BEFORE THE HOUSE LAND TAX REDUCTION. FIVE INSTEAD OF TEN PER CENT. By T«l«frs ph .—Press Association. Wellington, Last Night. The Land and Income Tax Amendment Bill was introduced in the House this afternoon by Governor-General’s massage. Mr. Massey said it was for the most part a machinery measure. Its most important clause wae No. 2, which gave effect to the changes made by the public accounts committee that instead of the land tax being reduced by 10 per cent, it should be reduced by 5 per cent., and the balance applied to the relief of s those who were carrying mortgages, a suggestion with which he entirely agreed, first time.