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PROHIBITION AND TAXATION A statement on this question appeared in the last issue of this paper. Continuing this statement:— Q.—WHAT, THEN. IS PROBABLE NET RESULT OF PROHIBITION TO THE COUNTRY’S FINANCES? Answer—On basis of 5 per cent increased efficiency— Gains will be £2,370,000 Losses will be £1,250,000 Net Gain through Prohibi- ■ trion £1,120,000 If increased efficiency 10 per cent, it will add to this another 5 pier cent, or £780,000 Making Net Gain £1,900,000 If American Estimate of 21 per cent increased efficiency is attained it will add to the revenue another £1,716,000 Bringing the total gain to £3,616,000 Q—IS THIS THE ONLY FINANCIAL GAIN TO THE DOMINION? Answer.—No. The above only deals with the gain to State Revenues. The State now only takes £ls 12s in every £IOO of Production, the other £B4 8s remains with the people. The gain to the people, therefore, i would ,be immensely greater than the gain to the National Revenue. There is no doubt that Prohibition means a higher standard of living,, a reduced cost of living* and reduced taxation. It means more production, higher income, and greater earning power for everybody. It requires no financial expert to gee that you increase the volume of production available for taxation you reduce the rate of tax required to produce a given sum. and also the reduction in the State expenditure that Prohibition will bring about, will still further reduce the amount of taxation. STRIKE OUT THE TOP LINE ON THURSDAY, 10th APRIL.

YOUR EYESIGHT Is Invaluable to You. H. GROCOTT, M.P.S.N.Z. Certificated Eyesight Specialist. At Manning’s Mam Pharmacy, HAMILTON. Extreme care in testing. Latest Designs in Rimless Glasses, Most Moderate Charges. The season has opened at Hooker and Kingston’s with a fine display of ladies’ coats. There are some fine styles showing in these garments, including some smart creme blanket coats. Others featuring are motor coats, in all squirrel fur, some in heavy all-wool tweeds, with fur collars and lining. An early show is now being made with the new costumes; the main feature that every customer will be impressed with is the good value in these garments.—Hooker and Kingston’s, where you get absolute satisfaction or’ your money back.* General Haller, who is in command of the Polish division in France, complains of the indecision of the Conference In regard to the return of his'divisions to Poland. What had happened in Hungary and elsewhere would have been impossible but for the passive policy of the Allies. He does not consider the upheaval in Hungary serious, but only symtomatic. It would not be difficult to link up the anti-Bolshevik forces from Serbia to the Black Sea with the help of the Poles and Roumanians, and thus create a barrier , which the Bolsheviks could never pass.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19190331.2.18.3

Bibliographic details

Waikato Times, Volume 90, Issue 14025, 31 March 1919, Page 4

Word Count
460

Page 4 Advertisements Column 3 Waikato Times, Volume 90, Issue 14025, 31 March 1919, Page 4

Page 4 Advertisements Column 3 Waikato Times, Volume 90, Issue 14025, 31 March 1919, Page 4

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