THE PROPERTY V INCOME AND LAND TAX

Wairarapa Daily Times, Volume 6, Issue 1684, 13 May 1884, Page 2

THE PROPERTY V INCOME AND LAND TAX

It is desirable that the public should be reminded of the fact that (lie Property Tax was imposed by the Government of the day because the necessities of the Colony required the money, and because it was felt to be the most just _ and equitable form of direct taxation that could bo imposed, inasmuch as it aimed at taxing everyone according to his means over the LSOO limit, Iu reality, however, the property tax is paid by a comparatively small part of the population of the Colony. In the courso of tho Financial Statement made in 1881, some interesting information was furnished by the Colonial Treasurer of the working of the new tax, ascertained from theprevious years experience. The number of taxpayers under the Property Tax Act amounted, it was shown, to L 22,087. Of these, 5,417 paid under- LI, 9,048 more than LI and under L 5, 3,067 paid more I than L 5 and less than L 10,2,146 paid from LlO'to L2O, 1,390 from L2O to LSO, 480 from LSO to a L1Q0,194 fro'mLlOO to L2OO, 66 from L2OO to L3OO, 27 from L3OO to L4OO, 14 from L4OO to LSOO, 23 from LSOO toLIOOO, 12 from LIOOO to L 2000,1 paid from L2OOO to L3OOO, 1 paid from L4OOO to LSOOO, and one contributed L6OOO to L7OOO to tho property A study of these figures should convince any candid mind that it is a great mistake to suppose that the property tax does (not reach 1 tho wealthy. Again, in the Financial Statement delivered in 1882, we find that tho taxable value of real property vaa put down at L 39,323,0.00: and that of personal property at L 25,160.000, making a total of 164,483,000, from which had to bo deducted tho LSOO exemptions, to '1(10,855,000, leaving 153,627,500, To this had to be added th? taxable capital of the joint. stock companies of L15,80],000, making in all L 80,428,500 upon which-the property, tax for that year was levied.' Theso figures show at a:glance the incidence of. the ,tax ; , and .pypye that under the property tax : the owners of real property- contribute a full share to thb public burdens, while afe 'the .same time those who invest their means in shares, oil; mortgages, and so forth, ;do not'escape either. It.will bo the duty of the advocates of a land and income tax—we ara'not now dealing with; the advocates.; of confiscation—to. prove that their plan is -one which- will furnish the • necessary reVenue, and at the same-time fall equitably upon the people in.proportion to theif.meqns.— 'Press? .'■> '" .

THE BAD AND WORTHLESS are never imitated or counterfeited. This is especially true of a family medicine, and it is positive proof that the remedy imitated i 3 of the highest value. , As soon as it had been tested and proved by the whole world that Hop Bitters was the purest, best and most valuablo family medicine on earth, many imitations sprung up and began to steal tho notices'in which the press and the people of the country had expressed the merits of H. 8., and in overy way trying to induce suffering invalids to use their stuff instead, expecting to make money on the credit and good name of H. B. Many others started nostrums put up in similar style to H. 8,, with variously devised names in which tho word "Hop" or " Hops" were used in a way to induce people to believe they were tho same as Hop Bitters. All such pretended remedies or cures, no matter what their stylo or namo is, and especially thoso with the word " Hop" or " Hops" in their name or in any way connected with them or their name, aro imitations or counterfeits, Beware of them. Touch none of them. Use nothing but genuino American Hop BiUcrs, with a bunch .or cluster of Green Hops on tho white label, and Dr Soule's name blown in the glass. Trust nothing else. Druggists and Chemists are warned against dealing in imitations or counter-, feits.