May 3, 1926 (15th Parliament, 1st Session)

LIB

Charles Edward Bothwell

Liberal

Mr. BOTHWELL:

Well, my hon. friend may live so near the border that he has some slang expression descriptive of it.
Now I want to touch for a moment on the reduction in income tax, and in dealing with this question I desire to read just a brief extract from an address delivered in England by the Right Hon. Lord Decies, D.S.O., director of the Income Taxpayers' Society. The address is reported in the Daily Mail Yearbook at page 20, and reads in part:
The present Chancellor of the Exchequer, the Right Hon Winston Churchill, in his biography of his father, Lord Randolph Churchill (also a Chancellor of the Exchequer) says: "He (Lord Randolph) desired
especially to diminish those taxes which fell upon the lower middle class. He laboured to transfer the burdens, so far as possible, from comforts to luxuries, and from necessaries to pleasures. He applied much more closely than his .predecessors that fundamental principle of democratic finance-the adjusting of taxation to the citzen's ability to pay." There can be
The Budget-Mr. Bothwell

Topic:   THE BUDGET
Subtopic:   CONTINUATION OF DEBATE ON THE ANNUAL
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