BUDGET DEFICIT
BRITAIN FACES FRESH TAXES
NEWSPAPER’S PREDICTION
United P. A.—By Telegraph—Copyright LONDON, Sunday.
The “Sunday Express” predicts that iu order to meet the deficit and find an additional £20,000,000 for social services the Chancellor of the Exchequer, Mr. Philip Snowden, will increase the land tax by Id in the pound. This would yield £20.000,000. The paper says Mr. Snowden also will substantially increase the death duties on large estates, reduce the Army Estimates by £20,000,000 and make all incomes of £1,500 and upward liable to the super-tax.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19300217.2.106
Bibliographic details
Sun (Auckland), Volume III, Issue 899, 17 February 1930, Page 9
Word Count
88BUDGET DEFICIT Sun (Auckland), Volume III, Issue 899, 17 February 1930, Page 9
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