CANADA’S BUDGET
TAX ON LUXURIES. [BY CABLE. —PRESS ASSN. —COPYRIGHT.] (Recd. Dec. 3, 1.30 p.m.). OTTAWA, December 2. The Emergency War Budget, imposing drastic taxes on luxuries,, and removing the tariff from a wide range of United Kingdom imports, was introduced in Parliament by Mr. Ilsley. The Budget prohibits the imports of automobiles and other luxuries, including manufactured tobacco, and spirits, except from sterling areas. It imposes excise taxes, ranging from 20 to 80 per cent., on private automobiles, and 25 per cent, on radios, vacuum cleaners, and virtually every 'type of electrical appliance.. It completely suspends the present tariff oh United Kingdom exports, cotton, artificial silks, bituminous coal, ana furniture. ; ~ '
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Greymouth Evening Star, 3 December 1940, Page 8
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111CANADA’S BUDGET Greymouth Evening Star, 3 December 1940, Page 8
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