BRITISH PARLIAMENT

Evening Star, Issue 18259, 26 April 1923, Page 10

BRITISH PARLIAMENT

THE INCOME TAX. Press Association—By Telegraph—Copyright. LONDON, April 24. In the House ol Commons, Mr Stanley Baldwin (Chancellor of the, Exchequer), in opposing iiu amendment to reduct! the income tux a further Od to 4s, said that the reduction would mean JJl I ,Until.ooo this year and £2(),0()0.Un() next year. It was a tremendous thin ye so soon alter the war to have made such a reduction as Is Gel. The amendment was negatived without a division. —A. and N.Z. Cable. BEER PRICES. In the House of Common, Colonel H. Guest (National Liberal), in committee on the Budget, moved to reduce the Government's increase in the brewers’ contribution towards the lowering of the price of beer. Mr A. H. Aloering (National Liberal), in .seconding, said if the brewers bore the whole duty remitted they would still have profits totalling ,C14,500,0!I0. Air C. Bel lairs (Conservative) wanted beer reduced by 2d per pint. Ho said that the high-priced beer produced discontent. It should be the Conservative Government's first object to alter this. Mr Baldwin, in replying, justified his arrangements with the brewers as the, roimposition of wartime control. _lt was only another moans of ensuring that the consumer got the benefit of tiro tax reduction. The present beer consumption was 2G,GU0,000 bulk barrels. This was much below tho prewar figures. The brewers’ contribution must come from increased consumption and decreased overhead charges. Tho present quality would ho maintained. Tho amendment was negatived by 252 votes to KJd.—A. and N.Z. Cable. NO TAX ON TITLES. LONDON, April 25. (Received April 26, at 1 n.m.) Air Baldwin, in reply to a question, said that. Ices and stamp duties ranging from £270 in (he case of a baronet to £730 in the case of a duke were imposed on the creation of hereditary honors. Ho would not consent to introduce a tax no titles because it. would not lie sufficiently revenue producing.—A. and N.Z. Cable.