§ 46. Mr. Edwin Wainwrightasked the Chancellor of the Exchequer what would be the amount of tax obtained, in each group, in a full financial year if a tax on personal wealth were introduced in the following categories, namely, ½ per cent. on all personal wealth from £20,000 to £50,000; 1 per cent. from £50,000 to £100,000; 2 per cent. from £100,000 to £200,000; 3 per cent. from £200,000 to £300,000; 4 per cent. from £300,000 to £400,000; and 5 per cent. on over £400,000, respectively.
§ Mr. Patrick Jenkin£315 million, on the assumption that the rates given would be applied to the respective slices of wealth. The estimated yields of the six groups are £55 million, £45 million, £60 million, £40 million, £50 million and £65 million, respectively.