MOTOR TRADE TAXATION

Taranaki Daily News, 8 August 1930, Page 11

MOTOR TRADE TAXATION

toOVNTRYS FINANCE FIkST”

PREFERENCE FOR BRITISH GOODS. PRIME MINISTER DEFENDS TAXES, '; > By Telegraph.—Press Association; 1 • Wellington, Aug.’ T. Representatives of the Motor Traders* Association waited on Mr, G. W. Forbes .to-day to protest against extra taxation being imposed on the industry. It' was stated that the new taxation would have an injurious effect on the motor industry and transport business jas a whole. Mr, Forbes said the question of increased taxation naturally gave rise to a number of problems, but the first problem was the financial position of the country. It was liis job to see that? the finances were put on - a sound ;bh,sis. With regard,-to theipetool tax he said the Government ihad come to the conclusion that 'the -Consolidated 1 Fund had ]to bo relieved of some,.qf jits annual payfnients and the only way’ to do that was U increase the petrol tax. Again, theto ;was a strong feeling in the country that they should increase the taxation on fqrfeign cars) : and it was difficult to resist; Ithat feeling. Great Britain was Ncw t Zealand's best, practically its only, - ,cusfomef, and if New Zealand did nofjbuy from i Britain the Dominion would be placed in a parlous state. It was hoped to set up a commitee next recess t<j go into the question of the secondary! industries of the Dominion and that committee .could, consider the body-building industry. ;