§ Captain BAGLEYasked the Chancellor of the Exchequer the respective percentage rises in the rates of taxation 2005W on the following items, comparing the present year with the Budget introduced in April, 1914, tea, sugar, beer, and incomes?
§ Sir R. HORNEThe percentage increases in the duties on tea, sugar, and beer since April, 1914, are as follow:
Full Rate. Preferential Rate. Increase per cent. Increase per cent. Tea … 140 100 Sugar … 1,300 1,066 Beer … 1,190 —
Description of Taxpayer. Income wholly Total Income. Effective Rate of Tax (Income Tax and Super-tax) per £ of actual income. Percentage Rise. Under Budget proposals of May, 1914. For 1921–22. £ s. d. s. d. Single person with no dependants. Earned 250 0 3.2 1 1.0 306 500 0 6.3 2 5.2 363 1,000 0 9.0 3 11.0 422 2,500 1 2.0 5 2.7 348 5,000 1 7.7 6 10.9 321 Investment 250 0 5.8 1 4.5 184 500 0 11.2 3 0.4 225 1,000 1 4.0 4 6.2 239 2,500 1 4.0 5 8.5 328 5,000 1 7.7 7 1.8 335 Married persons, wife having no earned income, with three children. Earned 250 0 1.1 — -100 500 0 5.2 0 9.7 87 1,000 0 9.0 2 10.0 278 2,500 1 2.0 4 9.5 311 5,000 1 7.7 6 8.4 308 Investment 250 0 1.9 — -100 500 0 9.3 1 1.3 43 1,000 1 4.0 3 5.2 157 2,500 1 4.0 5 3.3 296 5,000 1 7.7 6 11.2 322