29. Mr. Edward M. Taylorasked the Chancellor of the Exchequer what estimate he has made of the total burden of taxation in the current financial year expressed as an annual sum per head of population; and what was the comparable figure in the financial year 1963–64.
§ Mr. DiamondTaxation, including taxes on capital and local authority rates, is expected to amount to about £275 per head of the population in the current financial year.
182WAny valid comparison with earlier years must take account of increases in prices and of the substitution of investment grants for investment allowances. Making a rough adjustment for these, the comparable figure for 1963–64 was about £205 per head.