The Archive · 1939

Special Tax Increases

Sir John then announced that the tax on motor cars will be increased from 15 shillings per horse-power to 26 shillings A corresponding tax will bbe placed upon motor cycles.

For those incomes which are subject toa surtax (incomes of over £2,000), this surtax will be increased by five per cent. from £2,000 to £8,000, and by ton per cent, for incomes over £0,000, The tobarro tax will be raised fron 0s. Gd to 1s. Gd per pound, while the fax on sugar will be inerensed by_a farthing per pound, Sir John regretted that present circumstances made it impossible 10 Increase expenditures in"the domestic sphere, particularly in the creation Of new social services.

The. financing of eivitian defence expenditures will be ensured to a extent of £37,000,000 by a loan. Als 'a Toon wilt be responsible for £1,500, 100 In the constitution of food sup=

Text read from the printed page and cleaned; old type leaves the occasional error.

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