THE PSYCHOLOGY OF TAXING. ' “I will be quite frank with you. I stated in my Budget speech that I hoped that probably next year we should be able to a -oid any increase in taxation.” said Mr Philip Snowden. the Chancellor of the Exchequer. ‘‘l think that the psychological effect on any increase in taxation will be very bad indeed, coming, as it would be, upon many of the disappointments which industry and finance have exoerienced during the .last few years. I cannot say, but I shall do everything possible to avoid having to impose new taxation. Possibly I shall have to outrage my strict financial principles, and mavbe do things that T could not justify in ordinary circumstances.”
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Hokitika Guardian, 6 January 1931, Page 8
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119Page 8 Advertisements Column 2 Hokitika Guardian, 6 January 1931, Page 8
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