§ Mr. Nott
asked the Chancellor of the Exchequer if he will list the percentage of the average national weekly wage taken 178W in the total of income taxes, indirect taxes, Customs and Excise duties and vehicle excise duties, following the spring Budgets of 1964, 1970, 1973, 1974 and in the Chancellor's Budget Statement.
§ Mr. Robert Sheldon
The percentage of the average earnings, of a married man with two children under 11, taken in the total of direct and indirect taxes, following the spring Budgets of the specified years, is as follows:
1964 19 1970 28 1973 27 1974 27 1975 30
Notes.—1. Indirect taxes include the total revenue from stamp duties, Customs and Excise and vehicle excise duties. Selective employment tax, which is relevant to 1970 only, has been excluded, as have rates and price subsidies. Those indirect taxes which do not fall directly on consumers' expenditure are assumed to be fully passed on to the consumer. To the extent they are not, all the figures shown will be too high.
2. The proportion of the disposable income, i.e. after income tax and national insurance contributions, of a man on average earnings taken in indirect taxes is assumed to be the same as that of total indirect tax receipts to consumers' expenditure at market prices in the economy as a whole.
3. The average earnings taken are those of a full-time male manual worker in the manufacturing sector in April of each specified year except for 1975, for which average earnings in January are the latest available.