30. Mr. F. HALLasked the Chancellor of the Exchequer if he can indicate the nature of the taxation it is proposed to introduce to take the place of the present heavy taxes on food which the Government proposes to remove?
§ The CHANCELLOR Of the EXCHEQUER (Mr. Lloyd George)I am at present unable to make any statement with regard to the Budget proposals for the coming year.
Mr. F. HALLMay I ask whether the House is to understand that notwithstanding statements that have been made, the present taxes on comestibles used on the breakfast-table are still to be continued?
§ Mr. RAFFANHas the right hon. Gentleman considered the fact that a tax of a penny in the pound on the capital value of land would result in a sufficient sum to meet all the revenue at present derived from food taxes and give a handsome surplus, and will he keep that fact before him?
§ Mr. SPEAKERWe cannot settle the Budget in a question.