SWISS FINANCES
VOTE ON BALANCING THE BUDGET A Federal plebiscite resulted in 507,000 votes to 194,000 in favour of the Government’s plan to balance the Budget in three years (says a Berne message). The Young Peasant and Communist parties recommended rejection. Fifty-six per cent, of the electorate polled. The plans include „a national defence tax and taxation of capital yields at the source. It is expected that the effect of economics will be £ 5,400,000, and new revenue £ 6,600,000 a year. The deficit is still £ 1,000^00.0.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/BOPT19381130.2.57
Bibliographic details
Bay of Plenty Times, Volume LXVII, Issue 12518, 30 November 1938, Page 7
Word Count
85SWISS FINANCES Bay of Plenty Times, Volume LXVII, Issue 12518, 30 November 1938, Page 7
Using This Item
NZME is the copyright owner for the Bay of Plenty Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in