which new tax was introduced during 1st world war?
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Confident of the support of the British public, Parliament was able to authorize taxation to support unprecedented levels of wartime expenditure. The standard rate of income tax, which was 6 per cent in 1914, stood at 30 per cent in 1918.
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Confident of the support of the British public, Parliament was able to authorize taxation to support unprecedented levels of wartime expenditure. The standard rate of income tax, which was 6 per cent in 1914, stood at 30 per cent in 1918.
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