THE LAND TAX.

Manawatu Herald, Volume XXXIII, Issue 1051, 3 October 1911, Page 3

THE LAND TAX.

BIG ESTATES DISAPPEAR ING.

The first detailed statement of how cbe progressive land tax is workingUowards the bursting up of huge estates is container', m a paper tabled on the motion of Mr H. G. Ell, M.P. It deals with the state of affairs in 1892, the year when the progressive laud tax was introduced, 1906, two years prior to the imposition of the new progressive laud tax of 25 per cent., and 1910. The following table shows the reduction in the number of large estates ;

Figures are supplied for the number of smaller holdings, and they show a most remarkable increase as the result of the splitting operations. The following table shows the diminution in the areas of the larger estates owing to the laud tax :

INCREASED TAX.

The following table shows how the graduated land tax on large estates has been increased :

Acres 1892 1906 1910 10,000 to 20,000 148 129 121 20,000 to 30,000 45 40 28 30,000 to 40,000 30 14 5 40,000 to 50,000 9 8 6 50,000 to 75,000 14 8 9 75,000 to 100,000 6 4 2 100,000 to 150,000 4 — — 150,000 and over 6 I —

Acres 1892 1910 10,000 to 20,000 2,085,830 1,661,381 20,000 to 30,000 1,110,358 683,368 30,000 to 40,000 1.041,755 175,001 40,000 to 50,000 392,432 262,565 50,000 to 75,000 890,898 560,250 73,000 to 100,000 520,905 166,906 100,000 to 150,000 476,988 — 150.000 and over 1,321,039 —

Value 1892-3 igoq-io £ £ £ 50,000 36* 520 60,000 437 700 70,000 146 904 80,000 625 1133 90,000 750 1387 100,000 833 1666 125,000 1106 2473 150,000 1484 3437 175,000 1822 4557 200,000 2187 5833 210,000 2406 6125