§ 54. Mr. J. Lewis
asked the Chancellor of the Exchequer if he will give an estimate of the annual sum which would be lost to the Inland Revenue were no Income Tax to be paid on overtime earnings; and the extent by which this loss would be offset as a result of increased production because of the greater incentive created.
§ Sir S. Cripps
Looking at the matter quite objectively, I think my ingenuity is sufficiently taxed already.
§ Mr. Stokes
May I ask my right hon. and learned Friend whether, in fact, if he did what is proposed in the Question, the tendency would not be for everybody to work overtime and nobody to work during the daytime?