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Taxation Increases Planned For 1938-39 Budget
Federal Budget presented in the House by Treasurer Casey outlines new taxation to cover a £3.184 million deficit amid defence, pensions, and national insurance costs. Increases include income tax by 15 percent with sales tax up to 5 percent, land tax up 11.1 percent, and other revenue measures. The defense program rises to £18.706 million funded partly by loans, with Civil aviation costs embedded and national insurance liabilities rising by £1.1 million as pensions and health expenses grow.
MENTIONED IN THIS ARTICLE
House of Re
Mr. Casey
Casey
Yaid
Fo Ab
Defence Equipment Trust
Ubis
Ube
Empire Mail
Post Office
United Kingdom
National Insurance
Aail
Tve
Northern Territory
Australian Capital Territory
Scientne Pd Industriel Research
Lola Granta
Grants Commission
San Francisco
Australian Dairy Board