THE GRADUATED TAX.
EFFECT OF THE GOVERNMENT PROPOSALS. RESULTS AT A GLANCE.
An interesting return was presented co Parliament by the Premier on Friday last giving a comparison of payments under the present scale of graduated tax with payments under the proposed new scale in respect of land other than business premises.The information was given hi the following form:— I _ Present New Tax i Unimproved Graduated Increased by Value. Tax. 20 p.c. Increase
In all cases where the land includes business premises the amount of graduated land tax will be reduced by the exclusion of the unimproved value of such premises from the 20 per cent, increase.
£ £ £ £ 40,000 145 200 55 45.000 175 253 78 50,000 208 313 105 55 000 243 378 135 60,000 281 450 169 65,000 321 52S 207 70,000 365 612 247 75,000 410 702 292 80,000 453 800 342 85,000 509 902 393 90,000 562 1012 450 95,000 . 618 1127 500 100,000 677 1250 573 105,000 738 1377 . 639 110,000 802 1512 710 115,000 S68 1652 784 120,000 937 1800 S63 125,000 1009 1950 943* 130,000 1803 2112 1029 135,000 1160 2227 1117 140,000 1240 2450 1210 145,000 1322 2627 1305 150,000 1407 2813 1406 155,000 1493 3002 1509 160,000 1583 3200 1617 165,000 1076 3402 1726 170,000 1771 3613 1842 175,000 1868 3827 1959 180,000 1989 4050 2081 185,000 2071 4277 2206 190.000 2177 4512 2335 195,000 2285 4752 2467 200,000 2396 5000 2604 205,000 2509 5125 2616 210,000 2625 5250 2625
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https://paperspast.natlib.govt.nz/newspapers/WAG19070820.2.17
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Wairarapa Age, Volume XXX, Issue 8514, 20 August 1907, Page 5
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248THE GRADUATED TAX. Wairarapa Age, Volume XXX, Issue 8514, 20 August 1907, Page 5
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