XN000022-1975-10-23 — Page 6

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MONEY FOR COMMUNITY PROJECTS SHOULD CCHE

FROM TAXATION ON INCREASING WEALTH: J.H. BRMRIDGE

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THE HON. J.H. BREMRIDGE SAID TODAY SOME INCREASES IN THE BASE RATES OF TAXATION MAY BE NECESSARY TO ENABLE MORE TO BE DONE FOR THE LESS WELL-OFF MEMBERS OF THE COMMUNITY.

+MORE MUST BE DONE, AND DE SEEN TO BE DONE, FOR THE VAST MAJORITY OF OUR PEOPLE. MANY OF WHOM ARE NOW EXPERIENCING CONDITIONS OF LIFE THAT ARE A REPROACH TO THOSE FEW OF US WHO ARE MORE FORTUNATELY PLACED, HE SAID.

HE HOPED THAT MUCH OF THE NEEDED MONEY WOULD COME FROM TAXATION ON INCREASING WEALTH. IN HIS VIEW, MODERATE TAXATION ON INCREASING WEALTH YIELDED MUCH MORE THAN HIGH TAXATION ON FROZEN WEALTH.

MR. BREMRIDGE BELIEVED THAT BASE RATES OF TAXATION MAY THEMSELVES HAVE TO BE MODERATELY INCREASED UNLESS ECONOMIC RECOVERY IS UNEXPECTEDLY RAPID.

HE SAID HE WOULD NOT SHRINK FROM THIS INCREASE PROVIDED THE CHANGES WERE SIMPLE TO UNDERSTAND AND EASY. TO PUT INTO EFFECT TO FORESTALL EVASION, AND IF IT WAS MADE PLAIN THAT THEY WOULD BE INFREQUENT.

HE ALSO SUGGESTED THAT FURTHER THOUGHT BE GIVEN TO POSSIBLE NEW SUMPTUARY TAXES IF ADDITIONAL REVENUE HAD TO DE RAISED.

ON THE GOVERNMENT MACHINERY, MR. BREMRIDGE EXPRESSED DISAPPOINTMENT THAT NO MENTION WAS MADE OF PLANS TO PRESS FORWARD WITH REFORMS RECOMMENDED BY THE MCKINSEY CONSULTANTS.

+GOOD ADMINISTRATION IS WIDELY NOW ACCEPTED TO BE MORE OF A SCIENCE THAN AN ART. EQUALI.Y WIDELY ACCEPTED IS THE BROAD PRINCIPLE OF MANAGEMENT BY OBJECTIVE, COUPLED WITH DELEGATION OF AUTHORITY IN SO FAR AS IS WISE, HE EXPLAINED.

HE SAID THE MAN IN AUTHORITY IN MOST GOVERNMENT MANAGEMENT JOBS STILL HAD LITTLE IDEA OF HIS RESPONSIBILITIES IN THE RAISING OF REVENUE OR THE CONTROL OF COSTS, DECAUSE THE POSITION WAS NOT USUALLY OR EASILY KNOWN TO HIM.

+1 MUST MAKE A PLEA AS A FIRST STEP FOR THE MORE RAPID DEVELOPMENT AND DEPLOYMENT OF ANNUAL OPERATING PLANS AND FOR AS MANY AS POSSIBLE,+ HE SAID. THESE SHOULD TAKE THEIR PLACE IN SOUND ANNUAL BUDGETS AND LONG TERM PLANS.

HE BELIEVED THAT THE NEW EXPENDITURE NEEDED WOULD BE JUSTIFIED BY EVENTUAL RETURNS. IN FACT ONE FAILING IN THE PRESENT SYSTEM IS THE DIFFICULTY OF SEEING THE RETURN THAT COMES FROM DEVELOPMENT EXPENDITURE, OR THE OPTIONS THAT OPEN UP, HE SAID.

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/HE PAID

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