Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image

The Single Tax.

At Mr Macarthur's Palmerston meeting the following out-spoken opinion was obtain from the speaker, in reply to the question if it was not a " f vet that under the present in oidence of taxation they were burdening the industry of the colony, and allowing the land speculator to reap a rioh harvest." Mr Macatthut replied in the negative. They had tried the hind tax, and what was the effect ? The mortgagees escaped altogether, and the unfortunate farmer had to pay the whole of the tax, while the man who Was -really getting the benefit of the farmer's industry escaped scot free . What was the vaLie of the unimproved land in New Zealand ? The total value of laud outside boroughs was £76,000,000 ; of that sum about £57,000 000 represented the value of land, and £19,000 000 represented the value of improvements on ho land. In the Boroughs £15,500,000 repfesenting the improvements, and £19,000,000 the value of the land. In the country, therefore, they ha I £57,000,000 as against £19,000,000 in the towns, represent- d the valuy of the land, and £19,000,000 as againat £18,000,000, representing the improvements. At present the country was paying £2 in taxation to £1 paid by the town, and if thn unimpioved values only were taxed, it Tvou'd moan that the farming population would be paying L 3to eyvry Ll paid by the town. He was 'not going to support any pro o^il which would make such an alteration in the incidence of taxation an <hat (applause). The farmers, the who c producing force of the country, w. .re already taxed up to tho hilt, .Hud yet they would endeavor to throw more taxation upon them The protective tariff had • a'ready put v heavier burden upon them — they who formed the greatest factor in the country's prosperity (applause). It

was very easy to talk about shifting t the incidence of taxation, and in this J country, where the State had a lot of land to sell, th«y would wish to say s " You take the land and we will tax J you, while we in the town escape 1 scot free." He would never be a ] supporter of such a policy as that 1 (applause).

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH18900620.2.11

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, Volume III, Issue III, 20 June 1890, Page 2

Word count
Tapeke kupu
371

The Single Tax. Manawatu Herald, Volume III, Issue III, 20 June 1890, Page 2

The Single Tax. Manawatu Herald, Volume III, Issue III, 20 June 1890, Page 2

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert