Labour Party's Attitude.

Bay of Plenty Times, Volume XLIV, Issue 6496, 24 September 1915, Page 5

Labour Party's Attitude.

RecSapt 24, Li 35 a m. London, Sept 215. During the Budget debate Mr Barnes, Labour Member for Blackfriars, on behalf of the Labour Party, approved of Mr MeKenna's, pioposals in view of the special circumstances. He said he assumed that the tax on imported goods was merely a financial expedient without political signifies, c) The Party was prepared to support the Government in any Budget helping to prosecute the war to a successful issue. !He regretted tho lowering of the I exemption limit The increased revenue i therefrom would not be proportinate to the hardship jnilicted on earners of £200 yearly. Tne Party welcomed the taxation of war profits and the Government should have assumed control of some of these industries long ago, It was now compounding a | felony by sharing the swag. The Labour Party recommends, as an alternative, to appropriate eighty per cent of war profits and protested, against additional taxation of £10,000, 000, levied upou very poor people. The abolition of half-penny postage was perhaps the greatest blot on the Budget.