OCR Text |
Show WAR TAXES IN GREAT BRITAIN. Our war tax so called, is more ot an annoyance than a severe drain on the resources of the public, but in England the income tax, which is in the nature of a war levy, is becoming a heavy burden. Here is the schedule as Imposed on the new British war budget: Tax Tax Income. 1914. irnr.. J1.2B0 $22 60 $33.75 3,500 87.50 131 00 5 i 00 250.00 325 00 10,0(10 666.00 750 01 15,000 1.250.00 1.875 00 25.000 2.600.00 3,000.00 250,000 41.100 00 61 650 00 There is little prospect that thifl heavy rate of taxation will be lessened les-sened at any time in the next ten years, unless Great Britain is successful success-ful in the war and can collect a heavy cash Indemnity from the Germans. |