HC Deb 20 January 1971 vol 809 c306W
Mr. Deakins

asked the Chancellor of the Exchequer what is his estimate of the proceeds of a tax on personal wealth at the rate of 5 per cent. per annum, on the assumption that personal wealth up to £50,000 would be exempted from such a tax.

Mr. Patrick Jenkin

About £600 million.