THE BRITISH BUDGET.
CIGAR MAKERS AFFECTED. London, May 19. Mursuina and Company, at Coiigle ton, has discharged 050 cigar makers owing to the Budget disorganising and dislocating its industry. RESULTS 01' THE PROPOSED T.iai'A ~ London, May i'J. | Mr, Llyod-George, I'hanccllor uf the j Exchequer, estimates that the new cs , tate duties after 11)10 will yield , £7,435,000 and the income tax , Cti,720*,000, of which the super tax will be £2,250,000. An abatement of i'lo per child would amount to £040,000. THE DEATH DUTIES. Received 20, 10.25 p.m. Loudon, May 20. The debate on the Budget proposals <vas resumed. The death duties resolution was severely criticised on the ground that it was taking money from capital required to promote industry. Sir 11. S. ltobson (Attorney-General) declared the proper time for lamentation would .be when the expenditure was proposed, not when the taxes were voted.
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Taranaki Daily News, Volume LII, Issue 97, 21 May 1909, Page 2
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142THE BRITISH BUDGET. Taranaki Daily News, Volume LII, Issue 97, 21 May 1909, Page 2
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