GERMANY'S NEW TAXATION.
PROPOSALS REJECTED. A GOVERNMENT DEFEAT. BERLIN, March 23. The Finance Reform Committee of the Reichstag has . rejected the proposed spirits monopoly, death duties, and taxes oa gas, electricity, and newspaper advertisements. Altogether, out of £25,000.000 in new taxation, which the Government demanded, the committee consented to only £5.000,000, derived from a Brewing Tax Bill. ° GERMANY'S FINANCE. £25,000,000 of new annual t-axes have to be raised to meet the necessities of the German Imperial Expenditure, except a sum of £1,4C0,000, which is to come from the "matricular contribution." The Government proposed that the £25,000,000 be got thus-.—
Death duties were to be raised in this way:—Estates under £1,000 would not pay, but a maximum of 3 per cent fell on estates of over £60,000. Remote relatives were to receive only a email portion of estates —the State steps in Bβ heir. Lapsed estates were expected to produce £ 1,250,000 a year. Estates of those who had not performed their military duties were to be surtaxed. "The disappointment which is felt by educated Germans at the poverty of the Imperial Exchequer, while the political position of the Empire has been so greatly aggrandised, is beginning to produce a new consequence," writes the "»Speo tator." "They are discussing quietly the question whether the Empire might not be organised upon a cheaper basis. They will support it, whatever it costs, but they are wpary of the weight of the taxes. They are asking whether their Federal system does not necessarily involve a needless extravagance of expenditure. Here are thirty or forty little dynasties with separate Ministries, Cabinets, and paid Parliaments, and, therefore, a total outlay in official salaries, which, say those who favour the idea of complete unity, is more than the annual deficit, the prospect of which so greatly shocks economical financiers. If Germany were made one for all purposes, as she now is for purposes involving international dispute, the deficit would be made good, the taxes might be made lighter, and the work of administration would be greatly simplified." It is also suggested that "the Bost Office ie excessively costly and unscientifically organised. Work which might be done by women is done by officials with a public school education. The Prussian State Railways are also said to be unnecessarily luxurious. . The , Prussian Diet has to raise an extra £10,000 a year, which will be required to cover the cost of increased pay to State officials, schoolmasters, clergymen, and must be provided by increased taxation. This taxation ie to take the form of an increased tax upon incomes of over 7.000 marks (£350) a year, and a progressive tax upon the profits of trading and industrial corporations.
Sale of spirits 5,000,000 Excise on tobacco .. .. 3,850,000 Excise on beer 5,000,000 Wine 1,000.000 Death duties 4,600,000 Electricity and gas .. .. 2,500,000 Newepaper advertisements .. 1,650,000 Matricular contribution .. 1,400,000 £25,000,000
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