§ 49. Mr. Sheermanasked the Chancellor of the Exchequer whether he is satisfied that his tax measures since May 1979 have produced sufficient incentives for those on low wages.
§ Mr. HayhoeThe level of income tax is an important factor for work incentives but not the only one. The Government have taken a number of measures, including substantial improvements in the family income supplement, to increase incentives for the low paid. However, the level of direct taxation remains too high and it is our firm intention to reduce it as soon as economic circumstances permit.