CAPE COLONY.
EFFORTS 10 WARD OFF KStITK
RETRENCHMENT. INCOME TAX AND DEDUCTIONS' FROM SALARIES. (BY TELEGRAPH —PRESS ASSOCIATION —COPYRIGHT.) (Rec. 0.12 a.m.) Capetown, July 1. Mr., Merriman, Premier of Capo Colony, in introducing his Budget to tho Cape Parliament, showed that thero was a deficiency on tho p:»st year of £996,000. Tho Government's retrenchments had led to a . saving of £617,000. Ho anticipated a deficiency next year of £906,760. He proposed to lower tho base of tho incomo tax to £50 per annum, to suspond the sinking fund provision, and to deduct fivo per cent, from tho salaries of Civil Servants, and from those of members of Parliament. ' . • Mr. Merriman added that the Government did not want Capo Colony to enter into closer union with tho other South African colonics as a bankrupt State.
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Bibliographic details
Dominion, Volume 1, Issue 239, 2 July 1908, Page 7
Word Count
134CAPE COLONY. Dominion, Volume 1, Issue 239, 2 July 1908, Page 7
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