PURCHASE TAX ON CARS HITS BUSINESS MEN
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AANY operators of commercial 1111 vehicles and thousands of other people in various spheres of businessand industry must necessarily employ " private " cars in the general control of "their undertakings. It seems ridiculous that they should be faced with a heavy impost by way of Purchase Tax if and when they buy new cars. Quite apart from this, this particular tax is a strong deterrent in other directions and is likely to slow down the rehabilitation of that side of the vehicle manufacturing industry.
• The uncertainty is perhaps the worst feature. Some potential buyers believe that the. tax is likely to be removed within a reasonable period and they are, therefore, withholding their orders. Meanwhile, makers cannot be sure as to the advisibility of preparing large production schedules. The present price of a car includes 50 per -cent. increase in production cost plus 33k per cent.
-Purchase Tax. ••