ECONOMICS IT’S A BIG BUSINESS BUDGET, DESPITE

Ir an election year Budget—a Tory election year Budget. No matter how dressed up—twopence off the pint, cuts in purchase tax and a concession on post-war credits—it s still a rich man’s Budget.

Not so pleasir - to the rich as that of two years ago, when tens of millions of pounds were handed over to the surtax payers. That benefit, of course, continues year after year: t+oy got it last year; they get it this year, next year and every year until it is withdrawn.

Ne ertheless Tuesday’s Budget was designed to help the rich get still . cher.

A large pa i the purchase tax concession is on commercial vehicles. Post-war credits were based on income tax: s~ #2 higher the rate of tax, the higher the credit.

“Pa ‘ened by The Newsletter. 180 Clapham High St, London. SW4. —~— aim of big business and the Tories for the past few years.

That is precisely what the Tory offensive against wages and conditions is out to achieve. So far it has been at least partially successful.

STEVENAGE (Continued from front page)

time, and so far about eighty people have been involved in the campaign.

Most of them are teachers or students; but some are local housewives.

They go from door to door asking people to sign a letter to the Development Corporation’s general manager calling for peaceful industries in Stevenage. So far 500 have signed.

The canvassers also ask for donations to the proposed Stevenage Relief Fund, designed to help any worker who decides to quit his job at de Havillands or English Electric; over thirty offers of support have come in.

The AUBTW branch has decided to give help out of branch funds to any brother who refuses work in connexion with the guided missile projects.

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