GERMAN FINANCES.
TAXATION PROPOSAL. GRADUATED INCOME TAX. Australian and N.Z. Cable Association. (Reed. 5.5 p.m.) BERLIN. Fob. 21. j Seven bills have been published i which embody a scheme of comprehen- j sivo financial reform. The most im- j portant features aro new income and j property taxes. The income tax is to bo on a gradu- i a ted scale, with allowances for children, j A tax of 10 per cent, is proposed on the j first £4OO of income, 15 per cent, on the j next £4OO, 20 per cent, on the next j £4OO, and 53 1 3 per cent on incomes j of moro than £2500. _ - j
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Bibliographic details
New Zealand Herald, Volume LXII, Issue 18950, 23 February 1925, Page 9
Word Count
111GERMAN FINANCES. New Zealand Herald, Volume LXII, Issue 18950, 23 February 1925, Page 9
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