THOUGHTS FOR THE TIMES.
Staggkiung Taxks. At Bluff, Sir Joseph Ward commented on the extraordinary increase in the public indebtedness since tho declaration of peace. That increase and the surplus absorbed amounted to nearly £100,000.1)00. During the same period the British Government paid off nearly £500,000,000 and reduced the income tax to -Is Od. lie considered our taxation staggering. The company taxation ought not to he over 2s (id. Numbers of companies upon which settlers were dependant. found themselves pressed by excessive taxation to an uncertain and often insecure position.
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Hokitika Guardian, 7 June 1923, Page 2
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90THOUGHTS FOR THE TIMES. Hokitika Guardian, 7 June 1923, Page 2
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