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Budget projections and tax measures in legislative speech
Mr Stevens Presented a wide ranging budget outlining new revenue sources and reductions in rates to balance the coming year. He noted debt and interest burden rose since 1922 and proposed a one per cent wage tax from January to finance endowment costs, plus higher license and VAT like measures. Expenditure programs include railways, country towns water work, and £5.4 million for education with a review of state superannuation commitments.
MENTIONED IN THIS ARTICLE
Poral Oy
Adtilera
Eec
Toma Shore
Stevens