June 15, 1920 (13th Parliament, 4th Session)

CON

Henry Lumley Drayton (Minister of Finance and Receiver General)

Conservative (1867-1942)

Sir HENRY DRAYTON:

The reason for the difference in the scale is that we regard silk as something which is not an absolute necessity in our climate, while we think that wool and other materials are; so the tax is paid on the whole value. As to silk sold by the yard as against silk made up into a skirt or dress, silk sold by the yard is not taxable unless it costs more than $2.00 a yard; while silk made up into a garment and sold is taxable on the full value.

Topic:   SPECIAL WAR REVENUE ACT, 1915, AMENDMENT.
Subtopic:   EXCISE TAX RESOLUTIONS CONSIDERED IN COMMITTEE OF WAYS AND MEANS.
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