BUDGET APPROVED
lieceived Fridav, ll'd'.O a.m. CAXBEltKA, Xov. 7. " The Labour caucus adoptcd as presented the Budget submitted by the Lederal Cabinet. The Budget will l»e presented to Parliament bv Alr. Chifley next week. Caucus re.jectcd a motion to eliminate waj>e earners of £200 from the taxation field. There will be no direct taxation euts in the Budyet but the (fovernment will make re^ular reviews of the Jinancial position witli the view of making" ' J * ther reductions when the linancial / ltion permits. .Uenibers of the Party are believed to have expressed the view that at this stuge it would be more popular to reduce the saies tax which affects the community as a whole, rather than • iiil'erentiate by reducing taxation on incomes.
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https://paperspast.natlib.govt.nz/newspapers/CHRONL19461108.2.25.1
Bibliographic details
Chronicle (Levin), 8 November 1946, Page 5
Word Count
122BUDGET APPROVED Chronicle (Levin), 8 November 1946, Page 5
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