THE TAXATION BURDEN

Wanganui Chronicle, Volume LXXXIII, Issue 19844, 19 May 1927, Page 11

THE TAXATION BURDEN

NEED FOR REDUCTION EFFECT ON UNEMPLOYMENT. [Per Press Association.] AUCKLAND, May 18. The council of the Chamber of Commerce passed unanimously a resolution that the Budget surplus has fully justified the Chamber’s former protest against the Government’s failure to reduce taxation. The Chamber again affirms the necessity for a substantial reduction in taxation in the interests of the industries of the Dominion. The special committee in its report expressed the opinion that increasing unemployment was mainly due to unsound social, industrial, and fiscal legislation, and advocated legislation restoring freedom of contract in marketing of produce and the offering or acceptance of employment, subject to reasonable safeguards for the health, safety, and well-being of the wageearners; that unemployment was intensified by the present high rate of taxation; the need for a longer range in the planning of public works, the Government keeping in closer touch with municipalities and other local bodies, with a view to the registration of projected schemes of improvement work; the need for a more careful regulation of the volume of assisted immigration.