"FACE THE MUSIC."
AMERICA'S DEFICIT.
Sales Tax Proposal Repeated to
Hoover.
NEW TAXATION NEEDED.
(United P.A.—Electric Telegraph—Copyright)
(Received 12 noon.)
WASHINGTON, September 25,
Senator Reed, of Pennsylvania, after again advocating to Mr. Hoover his proposal for a sales tax, says he believes the United States should follow Britain s example and face the music. He believes that unless additional moneys are raised by taxation the Treasury's deficit will reach- beyond £300,000,000.
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Bibliographic details
Auckland Star, Volume LXII, Issue 228, 26 September 1931, Page 9
Word Count
71"FACE THE MUSIC." Auckland Star, Volume LXII, Issue 228, 26 September 1931, Page 9
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