SELF-RELIANCE PENALISED
Dear Sir, . The Minister of Finance announced on 12 December 1985 an economic statement which included some big changes for the farming industry. In particular the proposed writing up of livestock values and subsequent taxation of the unrealised 'paper' profits thus created would be, I believe, a foul blow to those independent individuals whose initiatives into diversification will expand the country's export trading opportunities. Many of your readers may dismiss the implications of such economic restructuring as of no real concern to themselves.
However in our small, rural-based communities, the threatened collapse of one link in the chain could affect the economic welfare of us all. My point is that if our government continues to hinder and penalise, by unfair taxation, self-reliant people who are producing benefits for the country generally as well as for themselves personally, there will be no incentive to strive towards anything by our own efforts. We will become a people without hopes, more and more reliant on governments for our welfare, a people which we ourselves often describe as being 'no hopers'.
M. T.
Hartley
Ohakune
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Waimarino Bulletin, Volume 3, Issue 32, 21 January 1986, Page 2
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183SELF-RELIANCE PENALISED Waimarino Bulletin, Volume 3, Issue 32, 21 January 1986, Page 2
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