INCOME TAXATION
SIR GODFREY COLLINS’S PROPOSAL. Press Association—By Telegraph—Copyright LONDON, January 12. A half-crown income tax is the practical proposition that was unfolded by Sir Godfrey Collins, the chief Liberal Whip, when addressing the Liberals at Greenock. He admitted that there would be in the first year £45,000,000 and in the second year £75,000,000 loss of revenue; but this could Ire counterbalanced by rigid cuts in expenditure, including £5,250,000 spent on Imperial Preference and Empire Marketing, the abolition of which would not hurt anyone.
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Bibliographic details
Evening Star, Issue 19763, 13 January 1928, Page 7
Word Count
84INCOME TAXATION Evening Star, Issue 19763, 13 January 1928, Page 7
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