THE BUDGET
INCREASED TAXATION BENZINE TAX UP 4D. Speaking in the House of Representatives last night, during the presentation of the Financial Statement, the Prime Minister, Hon. M*. J. Savage. in stating that in order to make ui) a shortage of £2,183,000 in the estimate*: the Government was faced with the problem of increasing the revenue from taxation by £2,500,000. The problem was not an easy one, and Government-had given very careful consideration to various alternatives in order that the additional burden might be soi -placed as to- bear as lightly as possible upon the people. Mr. Savage stated that-, to .meet tbe position it was proposed! .to obtain a further £1,000,000 from income-tax. £200.000 from additional death duties. £300,000 by increasing beer duty from Is. 3d. to Is. 9d. a gallon,.and £1.000.000 through raising- the petrol-tax: by fourpcnce a gallon.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/OPNEWS19390802.2.12
Bibliographic details
Ngā taipitopito pukapuka
Opotiki News, Volume II, Issue 215, 2 August 1939, Page 2
Word count
Tapeke kupu
141THE BUDGET Opotiki News, Volume II, Issue 215, 2 August 1939, Page 2
Using this item
Te whakamahi i tēnei tūemi
Opotiki News (1996) Ltd is the copyright owner for the Opotiki News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Opotiki News (1996) Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in