CO129-582-7 Taxation 6-6-1939 - 5-2-1940 — Page 17

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

17

of Income Tax should be imposed in the first place, a say 5%-10%,

it does instve

a

deficit

I

proposed Defence Budget.

This view is take

ever

the

it

(12) r(u) - Lagree with the action

proposed.

Nisandrews

5/10

The

geanal

scheme

2

a

was emusency

an

ordinary

budget is a good one,

Hin

moposals for

Flas

lines

I then

amangement of

Th

pro

seem to me

satisfactory.

M. Galsworthy:

clearly sets out

mümbe

the plan, o

it

will be

that the

sern

Gou

that

ho may

inges

in

authoused

the Leg. Co.

lo

announc

12th October

mtention

rary

The

general

Through

these moporals.

that

Thus it

amy

sica

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