42. Sir F. HALLasked the Chancellor of the Exchequer if he will state what is the estimated revenue in the financial year 1933–34 from the proposed Land Tax after deducting all administrative expenses and making reasonable allowance for possible loss of revenue under Income Tax and other like heads?
§ Mr. P. SNOWDENI would refer the hon. and gallant Member to what I said on this subject when moving the Land Value Tax Resolution in Committee of Ways and Means on 4th May.
Sir F. HALLIs the right hon. Gentleman aware that that statement did not give any of the information asked for, and cannot he give us some idea as to the amount?
§ Mr. SNOWDENI said in the statement referred to that it was quite impossible to give even an approximate estimate until at least the valuation had taken place—
§ Mr. C. WILLIAMSAnd the right hon. Gentleman has seen the effect of the concessions he has made!