§ Mr. Denzil DaviesTo ask the Chancellor of the Exchequer what percentage of the individuals who, in the fiscal year 1989–90, were subject to the composite rate tax, would, if the Budget proposals for its abolition had been in force, have paid(a) income tax at the basic rate and (b) no income tax.
§ Mr. MajorAbout 75 per cent. of individuals with composite rate income would have been liable to pay at least some tax at basic rate, and about 25 per cent. would not have been liable to pay any. Wives with composite rate income have been included as taxpayers or non-taxpayers according to the liability of their husbands.
§ Mr. HindTo ask the Chancellor of the Exchequer by how much income tax rates would need to be increased to fully meet an increase in Government expenditure in 1990–91 of 17½ per cent.; and if he will make a statement.
§ Mr. LilleyAssuming that it were all financed by income tax, a 17½ per cent. increase in general Government expenditure would require a rise in the basic rate of 13p.