Direct and Indirect Taxation.

Oral Answers to Questions — Budget. – in the House of Commons on 26th April 1927.

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Photo of Mr Fredric Wise Mr Fredric Wise , Ilford

36.

asked the Chancellor of the Exchequer what is the official estimate of the percentage of direct to indirect taxes according to the new Budget?

Photo of Mr Winston Churchill Mr Winston Churchill , Epping

The proportions are as follow: Direct taxes, 63.44 per cent. Indirect taxes, 36.56 per cent., but of this figure Sumptuary Taxes account for 31.58 per cent. These include, among other things, the shortening of the brewers' credits.

Photo of Mr Albert Alexander Mr Albert Alexander , Sheffield, Hillsborough

Does the right hon. Gentleman's estimate include Stamp Duties or Motor Vehicle Duties?

Photo of Mr Winston Churchill Mr Winston Churchill , Epping

It does not include Stamp Duties, but it includes the McKenna Duties—not the Motor Vehicle Duties which are paid for the load Fund.

Photo of Mr Philip Snowden Mr Philip Snowden , Colne Valley

Are the Stamp Duties included under the heading of direct taxation?