§ 71. Mr. Meacherasked the Chancellor of the Exchequer what estimate he has made of the overall cost to the Exchequer for a married man with two children and without other allowances of raising the income tax threshold to £15, £20, £25 and £30 respectively of his weekly earnings and of applying similar appropriate adjustments to other current income taxpayers.
§ Mr. Patrick JenkinA married man with two children who earns £15 a week is already below the tax threshold. As to the other examples, I am not sure what the hon. Member has in mind but to raise the tax threshold to the levels suggested by increasing the married allowance, the single allowance and the wife's earned income relief all in the same proportion would cost about £850 million, £2,200 million and £3,250 million for a full year.