TAXATION COMMISSION.
SIR JOHN FINDLAY’S EVIDENCE.
Paa Press Association. WELLINGTON, May 16.
Before th© Taxation Commission, Sir John Findlay, dealing with the progressive income tax, pointed out that there could be no ideal tax, note to which serious objection might not logically be made. It appeared clearly to be the best form of taxation the State could adopt. He could suggest no improvement on the method of gradation employed in the present system. He agreed with those who thought the present land tax should be abolished altogether, and a progressive income tax imposed on farmers as was imposed on other businesses. If there were any class in the community that deserved the indulgent consideration of the taxing authorities it was the small farmer. If he made no profits beyond the minimum for subsistence lie should not pay tax. To so tax him was to tax his capital and this offended against one of the most firpily established canons of taxation.
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Bibliographic details
Star (Christchurch), Issue 17351, 16 May 1924, Page 7
Word Count
160TAXATION COMMISSION. Star (Christchurch), Issue 17351, 16 May 1924, Page 7
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