HC Deb 13 November 1979 vol 973 cc538-9W
Mr. Greenway

asked the Chancellor of the Exchequer by how much the lowest band of income tax could be reduced by restoring the highest band to the pre-1979 Budget level.

Mr. Peter Rees

If the top rate of income tax were increased to 83p in the £, the estimated reduction that could be made in the lower rate of 25p in the £ would be about 1p.

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