§ 41. Mr. Chapmanasked the Chancellor of the Exchequer what is the proportion of gross incomes paid in direct taxation of a married man with two children earning £1,000, £1,500, and £2,000 per annum, respectively; and how these percentages compare with 18 months ago.
§ Mr. HigginsAssuming the children to be under 11 for 1971–72 the figures are 3.0 per cent., 11.8 per cent. and 16.3 per cent. For 1970–71 the figures were 6.4 per cent., 14.7 per cent. and 18.9 per cent.
§ Mr. Chapmanasked the Chancellor of the Exchequer what is the proportion of gross incomes paid in direct taxation of a single man, a married man with no children, and a married man with one child, respectively, earning £1,000, £1,500 and £2,000 per annum, respectively; and how these percentages compare with 18 months ago.
§ Mr. Patrick JenkinComparing with 1971–72 with 1970–71, the figures are as follows:
§ 43. Mr. Bruce-Gardyneasked the Chancellor of the Exchequer what would be the cost to the Revenue of reducing the maximum rate of estate duty to 45 per cent.
§ Mr. Maurice MacmillanAbout £75 million for a full year.