TAX BURDEN ON YOUNGER PEOPLE

Chronicle (Levin), 21 June 1946, Page 5

TAX BURDEN ON YOUNGER PEOPLE

-Press Association

VIEWS OF NATIONAL PARTY

By Telegfaph-

\\ ' Jii I jL/1 KJ 1 L/TN ; cAU | Tlie comiiig election was of very ' comsiderable importance to young men and women who were charged with the. responsibility for the first time of deciding whetiier they wislied to_ spend ' their lives in a socialistie state or aj state where. they would have full opportunity to own their own honies and establish themselves in life according to their individual- capacitv and energy, said Mr. W. J. Him, K.C., in his presidential address to tlie National Bartv conferenee to-day. , The country had elected to have j heavy pensions schemes, and with an ugeing population, youth lisul to consider calnily the burdens it was expected to carrv, There could be no quosfion of goittg into reverse 011 Social j Security matters, but how did youth regard heavy general taxation, in many cases to )neet avoidable expenditurej. and extravagance, which must also bear; upon them in their own bat tio for iitde-j pendence and security? He sttggesled that they sliould examine carefuljy j whai class of governnient. was Ihe more! likely to give them their c.hanee, oue which had shown an anlagontsni to the! taxpayer, or one which piaeed its hope, tor the future in reasonahle taxes. | Tlie National Party had ineessanlly denuutded, upon the terniinal ion oi hostilities, that. taxation should be imfiuv diatelv reduced. Tlie reply was tluit ■ Ihe nec-essities of Ihe post-war period j made high taxation imperat ive. They now found the (tovernment with a iarge. iidiuitted surplus in liand, and thej econoinic roro very of New Zoaland had ! l)cen tlius retarded iiy at least one year. i "Wo are informcd of ti staloment oi'1 Ihe yrinister of- Finance in London,; miide with a stuile, that his coming: liudget will win the election. Possiblyi Ihe Minister will learn that New Zea-i landers are as shrewd as the next man, } and appreciate that in every confidenee; trick the victim. is pennitted sotne j gains. If the prontised Budget 'takesj the shjipe we .tiiticipate, we sha.ll 1 critieise it as politically dishonest for tho reason that it is last yetir's Budget j held up for election purposes in disre-j gard of New ZeaJand's welfare. "Leaders of the business world have! shouted at the Governnient until they | are hoarse that- taxation is crushing tlio ' life out of'buaih'es's/.atid'preventing tl.V0 1 ereation of further empldymeut atid the reduetion of prices, but notliing ' hap- 1 geas. ^We reg^d •aubkthntially redhced j ■ T^lafidiF^nd'i-fne flo\v of trade as the 1 key' to inost of -our difficulties at* the prpseht moment." To reduce taxation was to eneourage enterprise and the production' of more goods in every direcl ion. Wliat niiner, sawmiller, timber worker, producer on Ihe land, or any other kind of worker,-' , was going to strive in the national j catise of more production, when in- 1 ct-cased effort only led to more taxation I and worlcing for tlie Treasnry?