THOUGHTS FOR THE TIMES.
Where The Money Goes. A business firm earning £50,000 a. year pays about half that sum in land and income taxes, to say nothing of other taxes and local rates, and even this huge drain upon the firm’s finance's.. is sufficient merely to meet the raihCny losses of less than a. week. Th ■ small man, who pays, say, £lO by wav of income tax serves to plug the rsr! way leak for about three and a half’ minutes. That is what happens to his contribution from the earnings of twelve monhs. The price of Reform is very high.—Lyttelton “Times.”
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Hokitika Guardian, 28 March 1922, Page 2
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103THOUGHTS FOR THE TIMES. Hokitika Guardian, 28 March 1922, Page 2
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