§ Mr. A. Lewis
asked the Chancellor of the Exchequer whether he is aware that from 1951 until 1963 general taxation rose by 67 per cent. and motor vehicle licence duties by 184 per cent., and that from 1951 until 1962 personal Income Tax rose by 113 per cent. and Purchase Tax by 69 per cent.; and when he anticipates reducing all these forms of taxation.
Mr. M. Macmillan
Yes, my right hon. Friend is aware of these figures. The increase in tax receipts is mainly the result of rising incomes and consumers' expenditure and the progressive nature of the income tax. Since 1951 personal incomes have risen by almost 100 per cent. and consumers expenditure by over 80 per cent. During the same period rates of personal Income Tax and Purchase Tax have been substantially reduced.