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Tax Rise Could be Inflationary

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5th May 1961

Page 90

Page 90, 5th May 1961 — Tax Rise Could be Inflationary

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THE amount of revenue the Chancellor I was likely to obtain from the recent tax increase would be a poor return having regard to the possible inflationary effect on the country as a whole, said Mr. G. K. Newman, R.H.A. secretary-general, at the Northern Area annual dinner in Newcastle upon Tyne last Friday. Hauliers might have to contemplate some reappraisal of the situation and perhaps increase charges, a thing that they had hoped to avoid.

If the Chancellor hoped to increase taxation on goods vehicles without adding to the ultimate cost of road transport he was wrong, observed Mr. Newman.

It might have been thought that because the industry was efficient it could absorb the 20 per cent, rise in licence duty. If so, a fact that had been overlooked was that other costs had increased. Hauliers had been ready to pull in their belts, but now a reassessment of the case might be forced upon them.

THOSE BLOOD TESTS

I0 changes — both dealing with ttunken driving—were made in the Road Traffic Bill when the Lords considered the measure in Committee last week. One amendment accepted by, the House will ensure that a doctor is present whenever a blood test is taken; the other provides for standard alcohol tests of the highest possible quality.