U.S. DEFICIT
BALANCING THE BUDGET. (United Press Association —By Electric Telegraph.—Copyright.) WASHINGTON, March 30. The first class postage rate has been increased from two to three cents for a period of two years, by the House, in an expectation of yielding a hun'*dred and thirty-five million dollars.: This postage increase is the largest single revenue-raiser in the Ways and Means Committee’s substitute for the sales tax. The House has accepted a steady stream of the Committe’s proposals. New taxea on telegraph, telephone and radio messages are. estimated to produce 35,000,000 dollars and a ten per cent, amusement tax is expected to yield 40,000,000 dollars.
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Hokitika Guardian, 1 April 1932, Page 5
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104U.S. DEFICIT Hokitika Guardian, 1 April 1932, Page 5
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