THE INCOME TAX.
ATTEMPTED REDUCTION.
STATEMENT BY MR. ASQUITH.
By Telegraph.—rrcjs Association.—Copyright.
(Received July 4, 10.15 p.m.) London, July 4. In- the House of Commons, in connection with the Finance Bill. Mr. H. H. Asquith (Chancellor of the Exchequer) resisted an amendment reducing the income tax to lid, though he- denied having stated that the tax would be permanently Is. I The amendment was negatived on the following division:— For the amendment ... 95 Against 256 | Mr. Asquith consented to pensions, superannuation allowances, |and deferred pay being treated as earned income entitled to pay a | reduced tax of 9d. ========
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Bibliographic details
New Zealand Herald, Volume XLIV, Issue 13482, 5 July 1907, Page 5
Word Count
98THE INCOME TAX. New Zealand Herald, Volume XLIV, Issue 13482, 5 July 1907, Page 5
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