UNAVOIDABLE TAXATION
(By Telegraph.) (Special to "The Evening Post.") ■ ■' •' DTTNEDIN, This Day. The "Dunedin Star," in. an editorial on the new taxation says:— "More than half of the total new extraction of revenue is planned to come from the sales tax at 5 per cent. That has been expected, and it is not thß worst kind of sales tax that has been imposed, because it will not be cumulative. It will be a considerable nuisance to traders, however, and even with the exemptions of necessaries, which seem reasonably generous, its effect in putting up the cost of living will not be small. It will be felt more coming on top of the increased exchange rate, which has the same effect, and it is hard that so much should be done now to put up living costs when our hopes had been previously bent on getting them down. The taxation must be accepted as unavoidable, but the Government will be expected to keep its own expenses down to a lower point than has yet found favour with it"
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Bibliographic details
Evening Post, Volume CXV, Issue 34, 10 February 1933, Page 8
Word Count
177UNAVOIDABLE TAXATION Evening Post, Volume CXV, Issue 34, 10 February 1933, Page 8
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