§ Sir PHILIP MAGNUSasked the Chancellor of the Exchequer whether, in the event of a man selling a piece of land on one side of a town for more than £50 an acre on which, after valuation, he makes a profit, and a piece of land on another side of the town on which, after valuation, he makes an equal loss, he will be taxed 20 per cent on his profit notwithstanding his loss?
§ Mr. LLOYD-GEORGEI think it would be better that the hon. Member should2136W wait for information of this kind until the Finance Bill is in the hands of the House.