GOVERNMENT TAXATION.
Tiik Treasurer, Mr Ward, is amusing. In the House last night — or this morning — he is reported to have said that in the Taxation Bill being discussed it was originally the intention of the Government to haye introduced a clause under which the banks would be compelled to furnish a statement giving the names of depositors with tho amounts of their deposits opposite their several names. The reason assigned for this inquisitorial return was that a considerable amount of money escaped taxation under the existing secresy on the part of the banks. Some time ago we had the pleasure of destroying this theory when it was advanced by Mr J. G. Wilson, but it would appear that Mr Ward has caught the infection now. However, the Colonial Treasurer was good enough to say that the Government would not press the clause. We should think not. Wo are really sorry for anybody who has any money. These alleged Liberals are ho eager to clutch it, or tax it out of existence, that thrifty people will have to adopt the plan of their confreres in Eastern lands, and as they become wealthy ape the most abject poverty to escape the ravages of the Dacoita who represent the local " Liberals."
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Bibliographic details
Feilding Star, Volume XV, Issue 63, 12 September 1893, Page 2
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209GOVERNMENT TAXATION. Feilding Star, Volume XV, Issue 63, 12 September 1893, Page 2
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