HC Deb 26 February 1971 vol 812 c287W
Mr. Marten

asked the Chancellor of the Exchequer what is his estimate of the cost to the revenue of allowing everyone who pays tax and surtax on earned income only to keep the last 37½p. of each £ sterling earned.

Mr. Patrick Jenkin

Assuming that earned income was treated as the bottom slice of a mixed income, about £17 million for a full year.

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