The Archive · 1940

Taxes Accepted With Courage

Raise in Taxation During Year; Population Accepts — Burden Willingly

London, Aug. 22.

Moving the second reading of the Finance Bill in the House of Lords last evening, the Lord Chancellor, Viscount Simon, said taxation in this country in a full year had been raised since the war began from £888,- 000,000 to £1,500,000,000.

This increase of nearly 75 per cent ina single year represented a tremendous burden and a colossal effort.

T4 was not for him to anticipate the future of their war finances, but it was evident that just as great and greater sums would be needed, so great and greater sums must be found.

The British taxpayer, the Lora Chancellor said, was surmounting his Obstacles with the greatest courage, determination and goodwill.

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

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