§ Mr. Meacherasked the Chancellor of the Exchequer, in the case of men earning, respectively, £750, £1,000, £2,500, £5,000 and £20,000 gross per year at present, what their pre-tax and post-tax earnings would be if their pay continued to be annually determined on the basis of the £1 plus 4 per cent. formula after a period of, respectively, 5, 10, 15, 20 and 30 years; and, at each of these intervals, what each would be earning as a percentage of the highest paid among them.
§ Mr. NottI do not think that the value of the information requested, which is based on unrealistic assumptions about changes in earnings and future tax rates, would justify the work required to produce it.