HC Deb 09 February 1978 vol 943 cc662-3W
Mr. Arthur Lewis

asked the Chancellor of the Exchequer whether he will give the reason why, as a means of increasing the national revenue and to assist in money being invested in new plant and equipment, he will not arrange for all donations, gifts and payments made by public companies to political parties and for political purposes to be taxed by 50 per cent.

Mr. Robert Sheldon

Because I do not think that it would be justifiable or effective.