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Abstract

Editorial Paragraphs

April 23, 1930 issue

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The budget speech of the Chancellor of the Exchequer brought to the British taxpayer the unwelcome, though not wholly unexpected, news of an increase in the normal rate of income tax, together with an increase in the surtax rate, a raising of the death duties from 40 to 50 percent on estates exceeding $42,000,000. U.S. President Herbert Hoover and Secretary of State Stimson have both expressed their satisfaction with the results of the London conference. In doing so the U.S. President gives the tonnage basis of the parity agreement for the British and American fleet.

See Also:

EDITORIALS; BUDGET; INCOME tax; DEATH; HOOVER, Herbert, 1874-1964; UNITED States

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1860s, 1870s, 1880s, 1890s, 1900s, 1910s, 1920s, 1930s, 1940s, 1950s, 1960s, 1970s, 1980s, 1990s, 2000s

H.L. Mencken, "An Eminent American," July 11, 1923.

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