60-MINUTE SPEECH
(Britiih OfficiM Wirelen.)
Income Tax Raised to 5/In The £ - GREAT PUBLIC INTEREST
(Beceived 21, 11.50 a.m.) BUGBY, April 20. In the House of, Commons, the floor and galleries of which were packed, Mr Neville Chamberlain Opened his sixth and what is assumed to be his last Bndget, the normal public interest in which has been brought to a high pitch by the great increases in expenditure associated witb the defence programme and the expectation of inevitable additional taxation. The Chancellor prefaced his review of the past year and an explanation of his proposals, which lasted just over 60 minutes, by himself recalling that the national finances must for several years be dominated by the overshadowing feature of vast defence expenditure. He announced an increase in the income tax to the rate of 5/- in the pound, but said there would be no increase in indirect taxation.
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Bibliographic details
Hawke's Bay Herald-Tribune, Issue 80, 21 April 1937, Page 5
Word Count
14860-MINUTE SPEECH Hawke's Bay Herald-Tribune, Issue 80, 21 April 1937, Page 5
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