TREASURY WINDFALL
BRITISH BETTING TAX SPOUT NOT AFFECTED. Pr«M AM'xJatlon—'By Telegraph—Copyright. LONDON, October 86.* la a speech last night the Chancellor of the Exchequer, Mr Winston Churchill,, said that the Treasury would this year receive £3,000,000 or £4,000,000 from the betting tax, and he knew of no great national interest that suffered in consequence. Attendances, had not fallen, off at the hig race meetings in consequence of the tax, and prices realised at the blood stock sales , surpassed all previous records in every sale since the imposition of the tar. , The money thus realised would almost exactly equal the amount which th* Government had to provide to establish a universal system of widows’ pensions for a whole year.
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Evening Star, Issue 19699, 28 October 1927, Page 7
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118TREASURY WINDFALL Evening Star, Issue 19699, 28 October 1927, Page 7
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