HC Deb 06 July 1967 vol 749 cc293-4W
Mr. Pardoe

asked the Chancellor of the Exchequer what estimate he has made of the percentage tax required to be levied on the wage and salary bills of employers, including 75 per cent. of the income of the self-employed, in order to pay for all the benefits listed in Appendix I of Command Paper No. 3220; and what percentage would be required if any part of salaries or wages above £2,100 were excluded.

Mr. Diamond

About 10 per cent. in either case. Exclusion of that part of salaries or wages above £2,100 would make a difference of about ¼ per cent.