§ Mr. Michael Spicerasked the Chancellor of the Exchequer what would be the loss in revenue in the financial year 1978–79 resulting from introducing the following income tax scales: 20 per cent. on nil to £5,000, 25 per cent. on £5,000 to £10,000, 30 per cent. on £10,000 to £15,000, 35 per cent. on £15,000 to £20,000. 40 per cent. of £20,000 to 543W £25,000, 45 per cent. on £25,000 to £30,000 and 50 per cent. on over £30,000.
§ Mr. Robert SheldonI will let the hon. Member have a reply as soon as possible.
§ Mr. Michael Spicerasked the Chancellor of the Exchequer what would be the loss in revenue in the financial year 1978–79 resulting from introducing the following income tax scales: 25 per cent. on nil to £5,000, 30 per cent. on £5,000 to £10,000, 35 per cent. on £10,000 to £15,000, 40 per cent. on £15,000 to £20,000, 45 per cent. on £20,000 to £25,000, and 50 per cent. on over £25,000.
§ Mr. Robert SheldonI will let the hon. Member have a reply as soon as possible.