THE BUDGET
EVENTS OF THIS WEEK IN BRITAIN HOPES OF EXTRA TAXATION BEING AVOIDED. (British Official Wireless.) RUGBY, April 25. The outstanding event of the week 1 in parliament will be the introduction I of the Budget by Sir John Simon tomorrow. The Budget proposals will be debated in the House of Commons on Wednesday and Thursday. Budget secrets have as usual been carefully guarded, but it is generally accepted that the Budget can be balanced this year without an increase in the standard rate of income tax. An interesting feature of Sir John Simon's statement will have reference to the extent to which he proposes to exercise borrowing powers to meet the cost of rearmament. A special meeting of Cabinet was held at which Sir John Simon disclosed his proposals to his colleagues.
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Wairarapa Times-Age, 27 April 1938, Page 2
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134THE BUDGET Wairarapa Times-Age, 27 April 1938, Page 2
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