INCOME-TAX REDUCTION. A LEAGUE FORMED.
By Telegraph.— Press Association.— Copyright. (Received January 1 29, 7.53 a.m.) LONDON, 28th January. An Income-tax Reduction League has bsen inaugurated. Lord Avebury (formerly Sir John Lubbock) presided. The Income-tax was fh-st imposed on the closing years of the jiighteenth century as a war tax, but was abolished after a year or _two. It was revived during the war with France, and ceased on the conclusion of peace, but the tax was again imposed by Sir Robert Peel in 1842, and has been constant ever since. For the last four years the rate has been one shilling in the pound, and the amount realised during the last financial year was £31,600,000.
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Evening Post, Volume LXXV, Issue 24, 29 January 1908, Page 7
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116INCOME-TAX REDUCTION. A LEAGUE FORMED. Evening Post, Volume LXXV, Issue 24, 29 January 1908, Page 7
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