The Palestine Government intends to impose new direct and indirect taxes, the burden of which will fall upon the Jewish population, it was revealed here today by the financial secretary of the Palestine Administration speaking to a delegation of Jewish industrialists and businessmen.
The official said that the new taxation is necessary because the deficit of the Palestine Government for the fiscal year may reach $14,000,000.
The Jewish delegation pointed out that the imposition of new taxes would not be justified since the Arab population in Palestine has not yet paid its share of the existing income tax, which, if paid, would be enough to cover the government’s deficit. The delegation also emphasized that it was not advisable to introduce new taxes during the present period of transition from a war to a peace time economy, adding that increased imports will also increase the government’s income. The financial secretary promised to submit the delegation’s views to the government.
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