CO129-525-3 Estimates 1931 and other financial papers 16-1-1930 - 1-9-1932 — Page 104

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Hr. Southorn's speech in this Chamber on the 19th of

June, 1930, will show that we would still remain a

lightly taxed community in comparison with our

neighbours in the East, or indeed with almost any

other community. All taxation is distasteful: but

it is hoped that Hon. Members will agree that this

ingredient in the medicine we must necessarily take

for our condition has been correctly prescribed.

The Government further proposes in accordance

ith a recommendation of the Board of Education to

raise slightly the fees for some of the higher classes

in the public schools, to increase certain stamp fces,

notably those on receipts, cheques and Bills of Lading,

and to increase the maximum percentage of death

duties.

I may say that in raising the stamp fee on

receipts Government proposes to raise the amount below

which exemption from a stamp is allowed to $20.

This will provide a measure of relief in the case of

small amounts.

notice.

One Head of Revenue calls for further

The contributions from Shipping Companies

for Anti-piracy escorts (which are not liable to

Military Contribution) are estimated at a total of

$143,272

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