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A BETTING TAX.

FAVOURED BY LORDS. LONDON, March 13. ' The House of Lords, by 57 votes to 15, carried Lord Newton's motion that a betting tax is both practicable and desirable. Lord Newton said that while credit bookmakers were immune, street bookmakers were compelled 'to spend heavily in beating the police and dodging the law. Licensing and taxation would not increase, but would diminish betting. Lord Arnold, for the Government, disagreed, because facilities for betting would increase. He declared that it was not a business proposition to ask the Government to establish machinery against the strongest moral opposition to obtain a sum of about £3,500,000. Lord Darling said that in view of the country's finances it was wrong to condemn the tax on the ground that it would produce small revenue.-—(A. and N.Z.)

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https://paperspast.natlib.govt.nz/newspapers/AS19240314.2.64

Bibliographic details

Auckland Star, Volume 55, Issue 63, 14 March 1924, Page 5

Word Count
133

A BETTING TAX. Auckland Star, Volume 55, Issue 63, 14 March 1924, Page 5

A BETTING TAX. Auckland Star, Volume 55, Issue 63, 14 March 1924, Page 5