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U.S. BEER TAX

WOULD BRING IN £150,800,000 WHITE SULPHUR SPRINGS, W. Va., Oct. 25. Legal beer and a Federal tax thereon could bring Ihc United States Government us much as £150,800.000 additional revenue, the'lnvestment Bankers’ Association convention Avas informed by its Federal taxation committee. Without giving nil opinion on prohibition, the committee reported that a tax up to Is 8d a gallon on beer might readily be levied, which Avould bring this large sum. and which is roughly equivalent to three-fourths of tho Federal income tax collected in the last fiscal year.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19321205.2.145

Bibliographic details

Poverty Bay Herald, Volume LIX, Issue 17954, 5 December 1932, Page 10

Word Count
92

U.S. BEER TAX Poverty Bay Herald, Volume LIX, Issue 17954, 5 December 1932, Page 10

U.S. BEER TAX Poverty Bay Herald, Volume LIX, Issue 17954, 5 December 1932, Page 10