NEW SOUTH WALES POLITICS
NEW SOURCES OP REVENUE LIQUOR TAX TO RE RESTORED United Press Association —By Uleclrrie Telegraph—Copyright (Received 13ili .April. 10.15 a.til.) SYDNEY. This Drey. At the joint pro-sessional meeting ■‘“l the Nationalist' and (.‘onntry Parties, inipr riant, financial reforms and new sou roes for raisin'; revenue were, 'foreshadowed. The Treasurer said that the tax nit liquor sales would he restored, which would mean a considerable ineiease in revenue. A jjreat. saving would also he effected hy separating; the control of the tramways from the. 'railway administration, and the placin'; of omnibuses under a. t ranspoi t«dioaril. thus eliminatin'; compel it ion with the trams. There would he no increase iri the income tax.
Explaining the liquor tax the. Treasurer said liquor license fees would be increased from 2 per cent, to 5 per cent, on liquor sales, thus restoring the tax removed bv the Lang Administration. Prior to Sir Lang's amendment 2 per CMlt. of ihe tax on liquor sa'ies went to the Treasury and the other 3 per cent. was paid into the Compensation Fund in order to meet any claims made, as a result of the operation of the License Reduction Board. The Govvsrnniont was now of opinion that the -additional 3 per cent, on sales could lie reimposed without victimising liquor consumers.
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Bibliographic details
Nelson Evening Mail, Volume LXI, 13 April 1928, Page 5
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218NEW SOUTH WALES POLITICS Nelson Evening Mail, Volume LXI, 13 April 1928, Page 5
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