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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Russell Banner
Location
Russell, Manitoba, Canada
Date
Jun 24, 1920
Page
12
Critics say the new budget sales tax adds heavy administrative burden with numerous invoicing entries. They argue a direct levy on producers would simplify collection but fear revenue may be absorbed as costs by business or passed to customers.
The Toronto Saturday Night notes the government plan will cost more than expected and burden taxpayers. It highlights concerns over funding and potential inefficiencies in the scheme.
Mrs. Pankhest describes money as a claim on goods not the paper itself. She argues bank deposits give face value while the actual value comes from goods in the country. Russia’s money is worthless due to lack of production while Canada benefits from restrained paper money relative to wealth.
The passage argues that doubling lumber and wheat, boots and shoes, and cloth would make a ten dollar bill buy twice as much, meaning cheaper goods and a harder-to-obtain ten dollar bill.
A British horse racing industry sustains about 25 000 employment opportunities across the sector. The note highlights its economic reach and regional impact within the sport and related services.
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