§ 44. Sir C. Osborneasked the Chancellor of the Exchequer what is his estimate of the amount obtained by confiscating all income above the lowest 63W Surtax level; and what this represents per head of population.
§ Mr. Harold LeverIf all individuals with incomes over £2,000 were to forfeit the whole excess over £2,000 and continue to pay Income Tax as now on the remaining £2,000 the increase in yield would be about £1,200 million or £22 per head of the population.