LOWER TAXES.
DECLARATION BY MR. MASSEY. “GOING ON WITH REDUCTION.” > “Even if this war goes on—and I trust that it will not —I am going on with this reduction of taxation.” said Mr. Massey at Levin, on Monday night, when referring to the proposals contained in the Land and Income Tax Amendment Bill now before Parliament. “I have thought it out carefully. I am going to reduce the taxation and take the consequences. “It may be that I shall have to show a deficit at the end of the year. I don’t know, but even if we do have a deficit at the end of the year it will be worth it. The reduction of taxation wiii encourage industry and production. No country can possibly carry the load of taxation that New Zealand is now carrying. If we are to get back to normal prosperity we must reduce the cost of government and reduce taxation “We are going ahead with our proposal, and we cannot stop there. I hope that we shall be able to go on reducing taxation and reducing the burdens upon the prosperous people of this Dominion.”
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Taranaki Daily News, 4 October 1922, Page 4
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190LOWER TAXES. Taranaki Daily News, 4 October 1922, Page 4
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