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TAXATION OF WAR WEALTH

. .— —♦ COMMITTEE TO':RESUME INQUIRE.' : . . ■ London) Jlarch 30. ' ...,Thoug!hi..tho Select has. decided that the taxation of war wealth is impracticable, Mr. Austen Chamberlain (Chancellor of the Exchequer) urged it to continue the inquiry.' because he has been- designing the Budget on a large yield from that source. It will be impossible, to grant the intended relief on small incomes linless new sources of revenue are tapped. ; ' Mr. Chamberlain met the Committee privately to-day, and the Committee decided to resume the inquiry. , Mr. Chamberlain is considering whether the terms of reference should be extended. The "Daily Chronicle" says tli'e excess .-'pfolits tax will be' dropped in the coming , Budget—Aus.-N.Z. Cable Assn.'

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https://paperspast.natlib.govt.nz/newspapers/DOM19200403.2.39

Bibliographic details
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Dominion, Volume 13, Issue 161, 3 April 1920, Page 7

Word count
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112

TAXATION OF WAR WEALTH Dominion, Volume 13, Issue 161, 3 April 1920, Page 7

TAXATION OF WAR WEALTH Dominion, Volume 13, Issue 161, 3 April 1920, Page 7

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