GRIM BUDGETS
BRITAIN'S DIFFICULTY
PROBLEMS STILL TO FACE
OVER-TAXATION
as Association—By Electric Tele' grapb—Copyright.
LONDON, 18th January.
"The grim Budget of 1932-33 does not seem destined to repeat the success of the 1931-32 Budget,", says "The Times." "No provision is made for ax payment to the United States., The estimates of the cost of unemployment relief are also too optimistic, and the default of the Irish Free State will cost £3,500,000.' .'
"Already, unforeseen charges falling on the Budget total £50,000,000. There is little sign that the yield from taxes will be buoyant enough to offset this, i "No doubt the nation has decided that 1933 must see a final settlement of the international debts, but additional economies must also be found if the Budgc/t of 1933-34 is not going to be as grim as the others. • The present overtaxation is one of the principal causes cheeking .public and private enterprise." ' ■
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Bibliographic details
Evening Post, Volume CXV, Issue 15, 19 January 1933, Page 9
Word Count
150GRIM BUDGETS Evening Post, Volume CXV, Issue 15, 19 January 1933, Page 9
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