IN THE FASHION
TAXATION AND CONTROL WHY NOT A COMMISSION? Th© most discussed subject in the sporting world is the proposed increa.se of taxation on the totalisator returns in connection with racing and trotting, writes “Sentinel.” All sorts of opinions have been expressed in connection with th© matter, and from the writer’s point of view the only way of reaching a satisfactory -solution is to set up a commission of investigation. . . , On previous occasions commissions havo been appointed, but mostly with the object of considering how many permits could be allotted. A far more important view of the situation would be to set up a commission to investigate the matter from a revenue point of view. Opinions must not be accepted as facts. Racing and trotting keep a tremendous amount of money in circulation. That is an obvious fact, and the question then arises as to liow the Government Treasury coffers can benefit without crippling racing, and trotting.
The time is overdue when some com-mon-sense method should be adopted in connection with tye Ganung Act, and one of the principal factors that should be considered is the loss of revenue that is seriously detrimental to both branches of sport.
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Bibliographic details
Sun (Auckland), Volume IV, Issue 1046, 9 August 1930, Page 12
Word Count
199IN THE FASHION Sun (Auckland), Volume IV, Issue 1046, 9 August 1930, Page 12
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