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STREAM OF TAXES

BALANCING THE BUDGET NEW AMERICAN DECISIONS. 'By Telegraph—Press Association— Copyrlrht) WASHINGTON, Alarch 30. The first-class postage rat© was in creased from, two to three cents for u period of two years on Wednesday by the House, in the expectation of yield ing 135,000,000 dollars. Tho postage increase is the largest single revenue raiser in the Ways am’ Means Committee’s substitute for the sales tax. The House accepted a steady sti ;<n of the committee’s proposals. Tb< taxes on telegraph, telephone, and radio messages are estimated to pro due© 35.000,000 dollars. The 10 per cent, amusement, tax is expected to yield 40,000.600 dollars.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19320401.2.68

Bibliographic details

Wanganui Chronicle, Volume 75, Issue 77, 1 April 1932, Page 7

Word Count
105

STREAM OF TAXES Wanganui Chronicle, Volume 75, Issue 77, 1 April 1932, Page 7

STREAM OF TAXES Wanganui Chronicle, Volume 75, Issue 77, 1 April 1932, Page 7

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