§ 78. Mr. JAMESON
asked the Chancellor of the Exchequer whether his attention has been drawn to the representation made to the Royal Commission on Income Tax by Mr. H. Lakin-Smith, Chairman of the Finance and Taxation Committee of the Birmingham Chamber of Commerce, to the effect that, in the opinion of the Association of British Chambers of Commerce, graduation of Super-tax should not stop at the £10,000 point as at present, but should be extended so that an income of £50,000 should in future be taxed at a higher rate than one of £10,000; and whether he is prepared to adopt the suggestion?
I would refer my hon. Friend to the reply which I gave to 884 his question on the same subject on the 18th August. The Royal Commission on the Income Tax is still hearing evidence, and the position remains as indicated in my previous reply, to which I cannot usefully add anything.