HC Deb 05 July 1966 vol 731 c37W
41. Mr. Dickens

asked the Chancellor of the Exchequer if he will state the estimated current yield to the public revenue of a wealth tax levied at an aver-rate of 1 per cent. on estates of £20,000 and above.

Mr. Callaghan

About £175 million if the tax applies only to the slice of wealth above £20,000.

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