§ Mr. David Mitchellasked the Chancellor of the Exchequer what would be the cost in the fiscal year 1977–78 of having a top marginal rate of tax on earned income of 50 per cent. and on investment income of 65 per cent.
§ Mr. Robert SheldonI would refer the hon. Member to the reply given on 8th December 1977.—[Vol. 940, c. 1634–5.]