WAR PROFITS.

Dominion, Volume 9, Issue 2805, 24 June 1916, Page 7

WAR PROFITS.

Sir,—ln imposing: a tax 011 war profits, is it, I wonuer, intended to «iraw this tax even from those whose total income, including war profits, is under X3OO a year? If so, this surely seems unfair, as, looking .at it in conjunction with ths> proposed rise of ten.per cent, to all Civil Servants whose income is under XHIS a year, tho comfort and well.lwing of one section of tho community increases at the direct expense of the other, who are perhaps in many cases worse oll'Mhnri those they are taxed to benefit. Now as to what constitute war profits. If we take Sir Joseph Ward's definition of them, namely, to take the average income for three years before the war, and comparing this with the income since tho war commenced, the difference to be estimated as war profits. If, then, wo talis this as a definition of war profits, then all individuals and unions showing a rise of income since the war are liable to be taxed on this as a war profit, fnr why should not a rise .;of 10 per cent, in wages be. as much a war profit as, s;iy, ft.lo .per cent, rise in wool, for what are war profits for tho goose are surely also war profits for the I am, etc., SQUARE DEAL.