UNCHANGED TAXATION

Wanganui Chronicle, Volume 80, Issue 242, 12 October 1937, Page 8

UNCHANGED TAXATION

FARMERS’ UNION VIEW RELATION TO UNEMPLOYMENT [ Ter Press Association. ] WELLINGTON, Oct. 11. Commenting on the Taxing Bill today, Mr A. P. O’Shea, Dominion secretary of the New Zealand Farmers’ Union, stated that there would be keen disappointment at the Government’s failure tc adjust taxation more equitably, particularly the lann fax. The position with regard to exemption for mortgage indebtedness was still the same and apart from the injustice of this imposition it should be stressed that the Government was lofting a valuable means of helping to relieve unemployment. I'he boot manufacturers were drawing attention to the fact that unemployment was being caused by high costs, but it would probably be found, if a careful examination \\cre made, that the farming industries could absorb many times the number or people likely to be affected in the oooi industry if only some relict were given in taxation, more particularly by doing away with the unfair practice of taxing a man on an equity he did not possess. If the problem of high costs were tackled the primary industries could assist the Government by providing employment and the cost would probably be very much less than that of the methods being used at present to deal with the problem.