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The Pamphlet Collection of Sir Robert Stout: Volume 29

Increase of Revenue

Increase of Revenue.

3. Tax all income above £200 a year, directly arising from land, a 6d. in the £ on yearly value—minimum tax on unimproved land, 1½d. an acre £250,000
4. Tax all other incomes above £200 a year.
Tax every adult male not receiving £200 a year £1 yearly as voter's right fee (holders of miner's right exempt) 250,000
5. Transfer from Land Fund to Ordinary Revenue 2s. 6d. per acre on all sales of public land throughout the Colony (say) 100,000
6. Levy a tax of 2s 6d. an acre on all purchases of land by private persons from Natives, and a proportionate rate on leases thereof 50,000
Total gain to Ordinary Revenue £650,000
Deduct loss as above 531,254
Balance, as margin for deficiencies in either of the new heads of revenue, or as surplus £148,746