§ Mr. Meacherasked the Chancellor of the Exchequer (1) what would be the net 158W cost to the Exchequer, after consequential savings in supplementary benefits, of making unemployment and sickness pay taxable income and at the same time increasing the rates of pay by 44 per cent.;
(2) what would be the net cost, after saving in supplementary benefits, of increasing retirement pensions to the supplementary benefit levels and making them taxable as investment income for taxpayers above the age-exemption limit.
§ Mr. NottThe detailed information is being prepared and I will circulate it in the OFFICIAL REPORT in due course.