Word: liebaert
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Dates: during 1940-1949
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election the Liberals joined the Cath (Christian Socialists) in a cabinet. The Catholics left the Finance Ministry - and the chance to cut taxes as - to the Liberals' sturdy Henri Last week Belgium's Parliament was Finance Minister Liebaert's cut in direct taxes (on property, shares), which would save Bel prosperous, free-enterprising tax $5,000,000 this year. Further reductions, hoped Liebaert, would save $30 million in 1950 and $40 million in 1951. Though Belgium has a deficit of $90 million this year, Liebaert, no advocate of the welfare state, thought he could still balance...