GRADUATED LAND TAX.
If the object in imposing a graduated land tax was solely to bring about closer settlement, we are afraid that its purpose is not being achieved. On the contrary, ire believe that it is ©fusing iflDneeessary embarrassment
to a considerable number of email farmers in the Dominion. The graduated tax is imposed on all land over the unimproved value of £SOOO, In recent years, unimproved values have increased enormously, though the productivity of the soil has not been materially enhanced. Small farms range in value now-a-dayß from £2O to £SO and £6O per acre. Hence, a man with 250 acres of land valued at over £2O per acre, ia subject to the graduated land tax. If the land is worth £4O per acre, the graduated tax is imposed upon areas of over 125 acres. Surely estates of this size do not require to be t»ub-divided, when there are so many large properties available for closer' settlement. The small farmer has a right bo demand that the graduated tax shall not apply to areas of less vahie than £IO,OOO.
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https://paperspast.natlib.govt.nz/newspapers/WAG19130702.2.25
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Wairarapa Age, Volume XXV, Issue 10713, 2 July 1913, Page 4
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181GRADUATED LAND TAX. Wairarapa Age, Volume XXV, Issue 10713, 2 July 1913, Page 4
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