HC Deb 09 June 1932 vol 266 cc2099-100
39. Mr. CHALMERS

asked the Chancellor of the Exchequer what percentage of the the total national revenue during the 10 years 1922–31 was obtained from capital taxation in the form of Death Duties; and what percentage of the national expenditure was applied to the redemption of debt?

Mr. CHAMBERLAIN

With my hon. Friend's permission, I will circulate the figures in the OFFICIAL REPORT.

Mr. CHALMERS

Is it possible that there can be more than two figures in that reply?

Mr. CHAMBERLAIN

It is not only possible, but it is so.

Following are the percentages required:

Year. Percentage of Total Revenue received from Death Duties Percentage of Exchequer Issues applied to Debt Redemption.
1922 … 6.22 15.54
1923 … 6.90 11.20
1924 … 7.44 6.11
1925 … 7.54 6.05
1926 … 8.36 7.12
1927 … 9.17 7.75
1928 … 9.63 7.03
1929 … 9.79 5.76
1930 … 9.63 7.59
1931 … 7.63 3.82