HC Deb 14 December 1971 vol 828 cc37-8W
29. Mr. Meacher

asked the Chancellor of the Exchequer what has been the total sum expended since June, 1970, in extra tax reliefs and extra welfare benefits, respectively; and how much of this total has been distributed to the wealthiest I per cent. and the poorest 40 per cent.. respectively, of the population.

Mr. Higgins

It is estimated that in 1972–73 the value of the tax cuts made since June, 1970, will be about £1,400 million. I am not clear precisely what the hon. Member has in mind by welfare benefits, but expenditure on social security benefits will have increased by about £609 million. I regret that the information needed to allocate these amounts to specified sections of the population is not available.

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