BRITISH BUDGET.
MEETING THE DEFICIT.
NEW TAXES PREDICTED.
(Received February 17, 12.15 a.m.)
~ LONDON, Feb: 1#
The Sund ay express predicts that in order to meet the deficit and find an additional £20,000,000 for social. services the Chancellor of the Exchequer, Mr. Philip Snowden, will increa.se the land tax by Id in the pound. This' would yield £20,000,000.
The paper says Mr. Snowden ; dso will substantially increase the, death duties on large estate!!, reduce the Army Estimates by £20,000,'000 and make all incomes of £ISOO and upwards liable to thn supertax. ij "■>;;
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Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20491, 17 February 1930, Page 9
Word Count
92BRITISH BUDGET. New Zealand Herald, Volume LXVII, Issue 20491, 17 February 1930, Page 9
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