TAXATION DEMAND
HEAVIEST IN AMERICAN HISTORY APPROVED BY BOTH MAIN PARTIES. REMARKABLE PROGRAMME. ißy Telegraph—Press Association—Copyright) (Received This Day. 11.20 a.m.) WASHINGTON. April 17. Mr H. Morgenthau (Secretary to the Treasury) announced today the largest taxation programme in American history. The Administration and Democratic and Republican Congressional leaders have unanimously agreed to ask for 3.500 million dollars in new taxes in the ensuing year. This is the first time that all parties have been invited to confer on tax proposals. The figure is reached on the basis of taxation to cover two-thirds of the expenditure and borrowing one-third. The total year's expenditure is estimated at nineteen billions. Existing taxation will produce 9.' billions.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WAITA19410418.2.47
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Times-Age, 18 April 1941, Page 5
Word count
Tapeke kupu
113TAXATION DEMAND Wairarapa Times-Age, 18 April 1941, Page 5
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