HORSE POWER TAX.
American ‘Cars Benefit in Britain. LONDON, February 6. The object of reducing the horsepower tax on motor-cars by 25 per cent in the last Budget was to encourage the export of British cars; actually, it threatens the home market for big cars. In 1934, 10,178 cars were imported, as compared with 3900 in 1933. The increase is almost entirely in American power cars, which are selling better than ever. British manufacturers now wish the Government to intervene by confining the horse-power abatement to British cars and increasing the import duty.
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Star (Christchurch), Volume LXVI, Issue 20539, 14 February 1935, Page 1
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93HORSE POWER TAX. Star (Christchurch), Volume LXVI, Issue 20539, 14 February 1935, Page 1
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