3 MAY 1919, Page 2
Mr. Adamson, for the Labour Party, •advised the Government to
practise economy—advice which comes oddly from such a quarter. He advocated the raising of the minimum taxable income to £250, and the abolition of indirect taxation on all articles that were not luxuries. He wanted a " levy on capital," but would not repudiate the National Debt. He seemed to think that the "profiteers," who already pay Income Tax, Super Tax, and Exams Profits Duty, could meet the whole cost of administration, and that the vast majority of the population, earning high wages, should pay no taxes at all. This is not our idea of democracy, nor is it sound or honest finance.