§ Dr. McDonaldasked the Chancellor of the Exchequer if he will give an estimate for 1980–81 of the proportion of total income tax raised from the following income groups (a) the top 1 per cent., (b) the top 10 per cent., (c) the top 40 per cent., (d) the bottom 30 per cent., and (e) the bottom 10 per cent.
§ Mr. Peter Rees[pursuant to his reply, 13 May 1980, c. 407]: The estimated information for taxpayers, taking account of the Budget proposals, is as follows:
Group of taxpayers (counting married couples as one unit) Estimated proportion of tax yield at 1980–81 income levels Per cent. Top 1 per cent. 10.4 Top 10 percent. 32.7 Top 40 per cent. 69.5 Bottom 30 per cent. 8.9 Bottom 10 per cent. 1.3