QEYA
- 17
I now turn to the Estimates of Revenue.
The Treasurer has prepared his usual memorandum on
Revenue covering the three years 1929, 1930 and 1931
and copies of this are in the hands of Hon. Members:
and he shows the additional taxation already imposed in
1930, namely the new tobacco duties, increased rates of postage and the tax on petrol, and the estimated return
from these sources during 1931. In spite of the
economic basis on which the estimates of expenditure
have been prepared, the causes referred to at the beginning of my speech render further taxation inevitable
to reduce to reasonable dimensions the gap between the
estimated Revenue and Expenditure for 1931. How to
ensure that the incidence of new taxes will be such as
can most easily and fairly be borne by the Colony has
received the most careful consideration and I trust that
Hon. Members will agree that the Government's proposals
in this respect should be adjudged equitable and as
little burdensome as it is possible to make them.
72872 The Amusement Tax which was foretold by my predecessor
97287/2
in this Council on the 19th of June is expected to
produce some $300,000.
Further it is proposed to
increase the Light Dues and the Fees for the use of
Government Buoys to continue the scale for Sunday working cargo (which now stops at ships of 2,000 tons only) and to
bring