FRENCH BUDGET
A DEFICIT OF £96,000,000
PARIS, October 21'. The French Budget shows a deficit of £96,003,000. ‘ " w
Steps which. ! have been taken to scrape up additional revenue include the provision of £8,000,000 from the suppression of fraudulent evasion of direct taxes, notably income,' agricultural, and profit taxes, £2,000,000 Horn new' taxation <jf motor-cars, iaiid £6,000,000 from aii an'eveare of indirect taxation, which line not been specified, in order to prevent excessive controversy. Other measures to balance the Budget include the imposition of th“ economies approved in June, ..estimated at' £12,000,000, and the redaction of State salaries, ranging from 2: per cent, in the case of' salaries between 13,000 and 20,000 francs, and,TO pa’’cent., in the oir.V of the 'highest-paid" ofiiciaV?.
ingenious financial devices adopted include making war pensions a -special charge, financed .by; Joan, 'and also a lontv to finance expenditure, bpth bf -Wlifhih are np>y UMn oat of the Budget. * .. •
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HOG19321103.2.20
Bibliographic details
Hokitika Guardian, 3 November 1932, Page 3
Word Count
152FRENCH BUDGET Hokitika Guardian, 3 November 1932, Page 3
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in