DALTON'S BUDGET

Dr. Dalton presents his first budget as Chancellor, emphasizing the need to control inflation by encouraging savings. He highlights the current economic challenge of high money supply with limited goods. To address this, he proposes reducing income tax for most, except the highest earners, and plans to relieve two million people from income tax next year. The budget aims to ease the tax burden while supporting government savings, receiving positive feedback.

What is the main concern Dr. Dalton highlights regarding the economy?

• Lack of foreign investment

• High unemployment rates

• Rising interest rates

• Inflation due to excess money and limited goods

Why does Dr. Dalton emphasize the importance of the savings movement?

• To stabilize the stock market

• To support government funding

• To increase consumer spending

• To reduce national debt

What is one of the proposals Dr. Dalton presents to the House of Commons?

• Increase in corporate tax

• Increase in property tax

• Reduction in income tax for most people

• Introduction of a new sales tax

How many people does Dr. Dalton plan to relieve from income tax next year?

• Three million

• One million

• Two million

• Four million

What is the overall tone of Dr. Dalton's budget speech?

• Indifferent

• Aggressive

• Cautiously optimistic

• Pessimistic