§ Captain Plugge
asked the Chancellor of the Exchequer whether he will consider issuing with every Budget statement a memorandum explaining broadly the relation of the taxes proposed to the 596W national totals of wealth and income and the ratio of taxation to income at different points in the income scale?
§ Sir J. Simon
The ratio of Income Tax to incomes at various points on the scale is, of course, known, and this information is always published with the Budget statement. I regret that official estimates of the other totals are not available.