BRITISH FINANCE
BROAD EFFECT OF WAR BUDGET TREMENDOUS INCREASES IN TAXATION. ACCEPTED AS INEVITABLE. (British Official Wireless.) , (Received This Day. 9.5 a.m.) RUGBY,-, September 28. Broadly stated, the effect of the War Budget is that in the current year an additional 665 millions sterling will be raised by direct taxation and 305 millions by indirect taxation. Next year the direct taxpayer will pay 160 millions sterling more than under the last Budget and indirect taxation will yield an additional 665 millions. It is generally recognised that this Budget represents only the first step in Sir John Simon’s proposals. Among critics there is agreement that the increase in direct taxation, as described by Sir J. Simon himself, was inevitable.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WAITA19390929.2.98
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Times-Age, 29 September 1939, Page 7
Word count
Tapeke kupu
118BRITISH FINANCE Wairarapa Times-Age, 29 September 1939, Page 7
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Wairarapa Times-Age. 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 Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in