§ Mr. OUTHWAITEasked the Chancellor of the Exchequer on what grounds houses are made subject to Increment Duty, and not other products the value of which may fortuitously rise between one date and another?
§ Mr. LLOYD GEORGEMy hon. Friend's question is based on an incorrect assumption, the value attributable to buildings being wholly eliminated in arriving at the increment value on which duty is chargeable.