FREE STATE FINANCES.
INTRODUCTION OF BUDGET. YEAR'S DEFICIT £1,248,803. Australian and N.Z. Press Association. (Received April 26. 5.5 p.m.) • LONDON, April 25. In the Irish Free State Parliament the Minister of Finance, Mr. Err.esi Blythe, introduced the sixth Budget to-day. In his statement Mr. Blythe said the Free State was faced with a deficit of £1,248,80.3, on a total expenditure of £23,163,806. He had decided to resort to the same expedients as were adopted last year by the British Chancellor of the Exchequer, Mr. Winston Churchill, such as speeding-up the collection of the arrears of income tax, reducing the brewers' credit, and collecting the property tax in one sum, instead of halfyearly. Mr. Blythe said ho proposed to adopt a super-tax, to abolish the entertainment tax on racecourses, and to impose a tax of from 5 to 7£ per cent, on insurance companies which did not have their headquarters in Dublin.
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New Zealand Herald, Volume LXV, Issue 19931, 27 April 1928, Page 11
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151FREE STATE FINANCES. New Zealand Herald, Volume LXV, Issue 19931, 27 April 1928, Page 11
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