NEW TAXATION

Nelson Evening Mail, Volume LXIII, 3 August 1929, Page 7

NEW TAXATION

A DUNEDIN VIEW

(By Telegraph—Press .Association)

DUNEDIN, This Day.

A leading stock and station agent describes the Government’s super-tax proposals as disastrous, stating that if the new taxation becomes effective the quantity of land thrown on .the market will cause all-round disaster. The actual position to-day, he said, is that the farmers’ prospect of making income next year is -so exceedingly slim that even if the land is not offered for sale and farmers attempted to carry on, the present land taxation will cause financial difficulties. It does not seem to have been taken into consideration that the taxation will also apply to city properties ■ hearing very heavy, municipal rates. There are many firms with dominion wide ramifications whose properties run into huge figures. They will have to pay these heavily-increased land taxes, causing further difficulties in financial matters. City properties should be exempted from these heavy taxations or there will he further increases in the cost of living, and everybody will feel .tho effect.

BOXING

LECKIE RETURNING

(By Telegraph—Press Association)

DUNEDIN, 2nd August. The Otago Boxing Association have been officially * advised that Johnny Leckie sailed for Wellington per the Ulimkroa from Sydney to-day, accompanied by Mr Kilmartin, and Sammy Shack, the American featherweight. Probably Leckie will meet either Deianey or Shack here in a few weeks.