The new British budget for 1918-19 was introduced in the House of Commons April 23. It included some sweeping changes in taxes and gave important data of expenses. The estimate for 1918 in round numbers is $15,000,000,000; the estimated revenue is $4,200,000,000, leaving a balance to be covered by loans of $10,800,000,000. The actual expenditures in 1917-18 were $13,481,105,000; the revenue was $3,536,175,000; the deficit met by loans was $9,944,930,000. Under the new budget the tax on incomes is increased from $1.25 in $5 to $1.50 in $5. Under the new rate the increased tax begins at an income of $2,500 a year. On an income that is wholly earned--such as a salary--the tax is as follows: Income. Tax. Income. Tax $2,000 a year $157 2,500 a year 225 3,000 a year 375 4,000 a year 600 5,000 a year 750 10,000 a year 2,250 Where the income is wholly unearned the tax is as follows: TAXES ON UNEARNED INCOME Income. Tax $2,000 a year $210 2,500 a year 300 3,000 a year 455 5,000 a year 947 10,000 a year 2,635 The super tax in the new law begins at an income of $13,750, and the total taxes paid on the following incomes, including income tax and super tax, are as follows: TOTAL INCOME AND SUPER TAX Income. Tax $15,000 a year $4,802 20,000 a year 6,812 25,000 a year 8,937 30,000 a year 11,187 40,000 a year 15,937 50,000 a year 20,937 100,000 a year 47,187 500,000 a year 255,187 The tax on $500,000 incomes is a little over 50 per cent. In the case of a tax-payer whose total income does not exceed $4,000 an allowance of $125 is granted in respect of his wife and an allowance of a like amount in respect of any dependent relatives whom he maintains; also an allowance of $125 in respect of children under 16 years of age. TAXES ON COMMODITIES Checks require a stamp of 4 cents, also promissory notes. The excess-profit rate remains at 80 per cent. The tax on spirits is raised to $7.50 a gallon; on beer to $12.50 a barrel; on tobacco to $2.04 a pound, the effect of which will increase the price 4 cents an ounce, while the cheapest cigarette, now 6 cents for ten, will be 7 cents for ten. The tax on matches is increased so that they will be sold at 2 cents a box instead of 1-1/2 cents. An additional duty of $3 a hundredweight is levied on sugar, so that sugar heretofore selling at 11-1/2 cents a pound will now have to be sold at 14 cents a pound.