HC Deb 17 March 1980 vol 981 c32W
Mr. Cormack

asked the Chancellor of the Exchequer what would be the estimated loss to the revenue in the year 1980–81 if the highest rate of tax on (a) earned and (b) unearned income were 50 per cent. and 70 per cent., respectively.

Mr. Peter Rees

I shall let my hon. Friend have a reply as soon as possible.