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INCREASED IN AUSTRALIA. RACING TAX .. • tin. totalizator r.er-entage is to M«. * th In New ■» of a rtaty on dividends. ... K be u.-reasi-l i._i_M__i netMM the :.,,.!. If, »- "V, ••ive-tor- will run into aliont 12. •., .M" tl,,a„ " noting .I"- fraeti.ms. the charge u i 1..1 cent.. ""Y"1 s,,,;i|i AustraliaiK. l-i. are is t«..on.it.g "" "." irr !,:,.„.,.; and alihough personally p«riirfw»™«; -„ .,.,.nls ,„ n.e that any ■•wrtair the ";»*; ___ of u.ifairi.ew. I, is .barge over K» l-e » ,m...ir:itively small wettkm of a « • inaking the burden mpa ..„,.„;„„ is ,.„. heavy. ««•»"♦ of -luxuries." tn« Leading a_! to coi.-e ujider announcement BV Adelaide Rvi-1 ,...,:.;„ 1. 11 1. i.„„S. of assembly A s -U Sou.h iu.de i„ the las, week I., i!» n;" .™;l, tot.lteaMr tax . f the government «« ,",™.l,t. ,:,.„.• as a genuine „ 2,. M_Jg*_!,i ___[ -H tM," says the -uprise M WMWj [,.,,;• Llwavs b.-en felt that CrJSTrA U measure trom the turf eu- thusiast, when for nothing and without the sligiitest cost it collcoteil 2.5i on every 00 which was invested. The increased tax will ia«aii that those who wish to hack their fancy will 1] nve M pay dearly in liiture. At oresent the govern nient takes 2.. pet-cent., and the clubs are entitled to TH per cent., which ._0Mrt, hv the way. Mm to as-ist to supply stakes and cover th- expense of providing the siiort and the upkeep of the nicks. The proposal will mean an inroad of .*i;2.5» on every 01 of the publics money, wiiich is a deeidedf,v heavy levy. Of course, if "the officials of the various clubs decided that 5 per cent, would be sufficient to carry on operations, there would be no necessity to impose upon those who bet am increased burden. The clubs, however, inav not* be financially strong enough to undertake su.-h a risk, and if th 3 did. the ultimate result would be a reduction in stake money. Pos-siblv the matter will be rofcired .♦• a conference of the chairmen of the various me tropolitan ra.-ing clubs for consideration, and combined action agreed upon." — Pilot in Sydney Referee.
