HC Deb 23 February 1978 vol 944 cc781-2W
20. Mr. Rifkind

asked the Chancellor of the Exchequer whether he is satisfied with the operation of existing levels of taxation, in the light of the need to restore incentive and a sense of responsibility in British society.

Mr. Joel Barnett

I hope it will be possible to reduce the burden of personal taxation. I accept the need to improve incentives. But I believe the case is often grossly exaggerated.