§ 44. Mr. HALL-CAINEasked the Chancellor of the Exchequer the approximate loss to the Revenue if the present system of collecting 75 per cent. of the Income Tax in January were abolished and the former system of collecting only 50 per cent. were reinstituted?
Mr. CHAMBERLAINThe cost of such a change depends upon the yield of Income Tax in the coming year, and this is not a matter that I can enter into in advance of my Budget statement.