TAXATION TOO HIGH
LOCAL LOAN WITHDRAWN
"The proposed increase in income tax is such that local body loans at 3i per cent cannot be considered satisfactory investment's from now on." The Te Aroha correspondent "of the Auckland "Herald" thus quotes a letter from the Auckland Savings Bank to the Thames Valley Power Board, withdrawing the Savings Bank's previous offer to lend the board £25,000.
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Bibliographic details
Evening Post, Volume CXXII, Issue 56, 3 September 1936, Page 12
Word Count
64TAXATION TOO HIGH Evening Post, Volume CXXII, Issue 56, 3 September 1936, Page 12
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