TAXATION REDUCTION.

Wairarapa Daily Times, 10 September 1924, Page 4

TAXATION REDUCTION.

The Prime Minister, in referring to the proposed reduction in taxation, stated in the House yesterday that the Taxation Commission held that it was essential in the interests of the country’s prosperity that the weight of taxation should be reduced as rapidly as possible. We are pleased to see that the Prime Minister is realising the necessity for reducing the scandalous burden of taxation which the people of this Dominion have been compelled to carry. He emphasised the fact in the House yesterday that the only way to reduce the cost of living was to commence with taxation, because business people passed it on. He went on to say that they could not expect to get back to the 1913 rates because there was a heavy burden of war debt, which he was doing his best to reduce. It is a pity that the Prime Minister did not take up this attitude two years ago, for to-day we would have been nearer normal conditions than is now the case. The cost of living is altogether too high, and there will be no satisfactory progress made industrially or commercially in the Dominion until this state of affairs is remedied. A reduction in taxation will, without doubt, add to the future prospert.y of the Dominion, and to an increase in employment by the extension of industry.