TAXATION INCREASES
FINANCE BILL TABLED MORE MONEY FOR ARMAMENTS (Received 30th November, 1.25 p.m ) PARIS, 29th November. M Reynaud tabled the Finance Bill for 1939, showing after rigorous pruning a surplus of £1,500.000. The Bill reveals that France will spend £160.000.000 more on armaments than in 1938. The yield from the increase in direct taxes is expected to produce £28.000.000, and from the increase in indirect taxes £23,500,000. M. Reynaud anticipates that the new policy will encourage revival of trade, resulting in an increase in revenue of £35.000,000.
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Nelson Evening Mail, Volume LXXII, 30 November 1938, Page 7
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88TAXATION INCREASES Nelson Evening Mail, Volume LXXII, 30 November 1938, Page 7
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