§ 50. Sir Reginald Blairasked the Chancellor of the Exchequer whether he is aware that the present system of assessing Death Duties is such that in many cases it causes grave hardships; and, in order to secure a similar financial return to the Exchequer from Death Duties, will he consider the advisability of reforming the method of calculation and adopt the principle of taxing by graduation on the capital the surviving beneficiary received, rather than the aggregated amount the deceased left?
§ Sir J. SimonI note my hon. Friend's suggestion; but he will not expect me to anticipate my Budget statement.