PRIMARY PRODUCERS

Hokitika Guardian, 22 August 1929, Page 5

PRIMARY PRODUCERS

By Telegraph—Per Press Association.)

WELLINGTON, August 22. After he had intimated that there were some very important points in the Government’s proposals which he totally disagreed with, Mr Poison said his only anxiety was to see the best done for the farming community and nothing •Ise. He was in favour of a graduated ’and tax on large estates. It was a prin iple that had been in operation for a good many years. A series of motions had been prepared and these were dealt with one '-y one, the speaker? being limited to bve minutes.

Motions were adopted in the following form: — ( That this combined meeting of New Zealand Farmers’ Union and other •ognate organisations favours a. reduction in public expenditure, instead e |r in increase in taxation on the farm 'ands of the Dominion; recommends the exemption of £IO,OOO on registered mortgages in computation of land tax if further taxation is required from the land,' but that exemption be reduced by £1 for £1 in excess of £IO.OOO unimproved value, until it finally disappears at £20,000; that this meeting is of the strongest opinion that it is most inequitable ifor any taxpayer to pay taxation on debts: that family partnerships ho individualised for both land and income tax.