Thoughts For The Times.
Where Reform Taxation Fails. One of the most disappointing features of the new inoome tax proposals is that they do not adequately recogniso the economic difficulties which ' the times impose upon the salaried ’ man. From the income tax point of ! view this is a large and important class, comprising nearly a quarter of the payers of this tax, and it is a class •which has felt, and is feeling, the pinch of the rapidly rising cost of living more than !any other. While the trader, the landowner and even the professional man can take steps to increase their revenue in accordance with necessity, tho salaried man has in most i instances no means of defence against I the hardships which beset him.—Lyttelton Times. {
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Hokitika Guardian, 18 September 1920, Page 2
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127Thoughts For The Times. Hokitika Guardian, 18 September 1920, Page 2
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