§ The Chancellor of the Exchequer (Mr. James Callaghan)Another way of bringing greater fairness into our tax system is to close the many loopholes which have been exploited for far too long. Those who take advantage of them make a gain for themselves; but they throw a greater burden on the rest of the community. Moreover, there are a number of other practices which are at present legal, but are becoming increasingly distasteful to ordinary citizens. When in opposition we promised to tackle the whole problem of avoidance; and this will link with our general theme of getting rid of the inequalities that have grown up from a misuse of the tax system. A lot of tightening up needs to be done. I cannot cover the whole ground this year, but I propose to make a start.