REVISION OF LAND VALUES.
Is it fair tliat the bettor class of owner should have either to sell a propery, for the loss of which no possible cash' offer can compensate him, or submit to taxation on what may )5e a higher rate than the fair market value? This is the chief objection from the taxpayer’s point of view. So far as the State is concerned, no grave objection has "Vet arisen to a procedure of which little use has been made, but in the present state of the market it may become more popular and the State might easily become embarassed by having a number of properties thrown on its hands which would be a sheer nuisance unless it set up its sign as a land and estate ’agent. —‘Evening Post.’
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Gisborne Times, Volume XXVII, Issue 2452, 17 March 1909, Page 2
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132REVISION OF LAND VALUES. Gisborne Times, Volume XXVII, Issue 2452, 17 March 1909, Page 2
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