§ Resolutions considered.
§ Second Resolution.
Where the Principal Value of the Estate | Estate Duty shall be payable at the rate per cent. of | In-tead of | |||
Exceeds— | |||||
£ | £ | ||||
150,000 | and does not exceed | 250,000 | Seven pounds | Six pounds ten shillings | |
250,000 | ” | ” | 500,000 | Eight pounds | Seven pounds |
500,000 | ” | ” | 750,000 | Nine pounds | Seven pounds ten shillings |
750,000 | ” | ” | 1,000,000 | Ten pounds | Seven pounds ten shillings |
1,000,000 | ” | ” | 1,500,000 | Ten pounds on one million and eleven pounds on the remainder | Eight pounds |
1,500,000 | ” | ” | 2,000,000 | Ten pounds on one million and twelve pounds on the remainder | Eight pounds |
2,000,000 | ” | ” | 2,500,000 | Ten pounds on one million and thirteen pounds on the remainder | Eight pounds |
2,500,000 | ” | ” | 3,000,000 | Ten pounds on one million and fourteen pounds on the remainder | Eight pounds |
3,000,000 | Ten pounds on one million and fifteen pounds on the remainder. | Eight pounds |
§ Read a second time.
§ Motion made, and Question proposed, "That this House doth agree with the Committee in the said Resolution."
§ MR. VICTOR CAVENDISH (Derbyshire, W.)said that after the arrangement; which had been arrived at he hoped the discussion would not be continued. They would be allowed to debate this question upon a later occasion.