IRISH FREE STATE: Poor Man's Budget

Voters who believed the platform promises of Eamon de Valera to reduce taxation could barely believe their eyes when they read the Budget Bill presented to the Dail in Dublin last week by embarrassed Finance Minister Sean MacEntee.

Mr. MacEntee proposed to up the basic Free State income tax rate from three shillings and sixpence in the pound to five shillings (25%). Next he asked the Dail's leave to take 25% of the Irish Hospital's profits in their famed sweep- stakes. Thirdly he proposed a whole string of tariff uppings. Finally he asked leave...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!