GRADUATED LAND TAX.
HON. J. A. MILLAR'S VIEW. (By Telegraph—Press Association,) WELLINGTON, This day. The Hon. J. A. Millar, speaking at the Marine Engineers' dinner last night, alluded to the Land Bill, and after explaining its intent, said it had been urged that the graduated land tax should be employed, instead of the limitation of area. Such a tax, to serve its purpose, must be so heavy that it would not pay owners to keep surplus land. They wouW be induced to sell large portions at ouce, and two millions worth of land would be placed on the market at one time. The result would be a depreciation in laud values all over the country. That was not desirable; it was better to give ten years in which the land would be gradually thrown open to the people.
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Bibliographic details
Waikato Times, Volume LVII, Issue 8076, 11 December 1906, Page 2
Word Count
138GRADUATED LAND TAX. Waikato Times, Volume LVII, Issue 8076, 11 December 1906, Page 2
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