TAXATION AND POPULATION

Press, Volume LXXIV, Issue 22505, 13 September 1938, Page 12

TAXATION AND POPULATION

MR ENDEAN SEES ADVERSE

EFFECT

[From Our Parliamentary Reporter.]

WELLINGTON, September 12. The adverge effect of heavy taxation on population in New Zealand was referred to by Mr W. P. Endean (National, Partieil) during the second reading debate on the Land and Income Tax (Annual) Bill in the House of Representatives to-night. If the Dominion wanted to remain on the map it must increase its population, said Mr Endean. and the policy of the Government was anything but an encouragement to people to bring more children into the world. j .. , Mr Endean said that greater relief should be given to men with families. With the present high cost of living it was a marvel, that they managed to bring up their children at all. The greater the taxes, the greater the burden on the whole community. . The weight of taxation was making it extremely difficult for industries which had to compete with overseas countries. The taxation policy of the Government was in sharp conflict with its policy of encouraging secondary Industies. * t m “We are living in a vicious circle, said Mr Endean. “To bring about a collapse of the economic system, it seems to me there are three stages to be gone through. The first is to borrow. and then, when that can t be done any longer, to tax. The third stage, which comes . after taxation gets so heavy that the people cant bear any more, is to issue paper money me system then breaks down, and the destruction of capitalism, which the Labour Party would so dearly love to see, is brought about.’*