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The Madison Daily Leader
Madison, Lake County, South Dakota
What is this article about?
In Tokyo on March 22, Japanese party leaders oppose the government's war tax proposals, prompting likely abandonment of a salt monopoly and silk tax, and a reduced land tax increase. Growing sentiment favors issuing bonds to spread war costs over years.
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Party Leaders Oppose Government's War Tax Plan.
Tokio, March 22.—As a result of a series of conferences between the party leaders it seems evident that the government will abandon its attempt to create a salt monopoly, place a tax on silk and also make a smaller increase in the land tax than originally proposed.
The members of the cabinet are holding a series of conferences with the party leaders, who have been explaining how the interests of the people they represent are affected by the war tax. The cabinet is endeavoring to frame measures which will prove satisfactory to the people.
There is a growing feeling that the government should not attempt the immediate payment of a large part of the cost of the war by taxation, but that it should issue bonds and extend the payments over a series of years.
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Where did it happen?
Foreign News Details
Primary Location
Tokio
Event Date
March 22
Outcome
government likely to abandon salt monopoly and silk tax, implement smaller land tax increase; growing support for issuing bonds to finance war costs over years.
Event Details
Party leaders in conferences oppose war tax plans, explaining impacts on constituents; cabinet seeks satisfactory measures; evident abandonment of salt monopoly and silk tax attempts, smaller land tax hike proposed.