§ 55. Mr. Gammansasked the Chancellor of the Exchequer how much additional taxation he expects to collect in a full year by doubling the Purchase Tax on motor cars whose price, exclusive of Purchase Tax, exceeds £1,000.
§ Mr. DaltonAbout £1,500,000.
§ Mr. GammansDoes the Chancellor realise that for the collection of' a comparatively small amount of revenue of that sort he is probably going to ruin at least half a dozen motor car firms in this country?
§ Mr. DaltonNo, Sir.
§ 56. Mr. Keelingasked the Chancellor of the Exchequer how much it would cost to apply the flat rate of tax to old motor cars as well as to new.
§ Mr. DaltonFive and a half million pounds in 1948 on cars registered before 1947, in addition to £1 million on cars first registered in 1947 or 1948.