NO WAR TAX.

Taranaki Daily News, Volume LVII, Issue 305, 3 June 1915, Page 3

NO WAR TAX.

INCREASE IN 'GENERAL TAXATION.

PROSPERITY OF THE DOMINION.

By Telegraph.—Press Association.

Auckland, June 2. ! "Replying to a deputation from tie | Sports "Protection League m connection' ; with the proposal to levy taxation rm racing for -war purposes, "Mr. Massey said he did ndt know where all the talk of a war tax <came from. There was really no neeU at present for anything "m the nature of a special war tax. The prosperity of the Dominion was so great that ! he certainly did not (contemplate any necessity fcr a war tax this year. The extra expenditure arising from the war courd.The thought, be met out-of the general revenue or with a slight increase in exisfing methods -of taxation. New Zealand r had arranged witn the Home Government for all the money required to meet the extra expenditure at the comparatively cheap rate of 4-per cent. The war might continue for sometime, and'it would be wise to prepare for contingencies.

Parliament would be askeS to provide for-a slight increase in general taxation. The'Ca'binet haU not decided w&at course to pursue. Personally he saw no likelihood of a special war tax bearing on any one section of 'the community; such as .the deputation <scemed to feat.