§ Mr. Duffyasked the Chancellor of the Exchequer what proportion of gross national product was taken in taxation, including local taxation and social security contributions, in 1964; and what information he has about the proportion in other comparable industrialised countries of which he has figures through international organisations.
§ Mr. MacDermotThe table below shows total taxation, covering taxes on income, taxes on expenditure (including rates) and social security contributions, as a percentage of gross national product at factor cost. Death duties, which are regarded as taxes on capital, are excluded from the figures.
Taxation as a percentage of gross national product at factor cost, 1964 United Kingdom 32.5 France 44.6 Italy 35.8 Netherlands 36.4 United States of America 29.7 West Germany 40.3