Clause 13. — (Income tax and Super-tax, 1928–29.)

Part of Orders of the Day — Finance Bill. – in the House of Commons on 26th June 1928.

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Photo of Sir George Gillett Sir George Gillett , Finsbury

I wish to voice my opposition to this proposal, because it seems to me to a certain extent that the Chancellor wishes to postpone this Clause for the convenience of some of his friends. There is another Clause coming on which is more important and of much more interest. I refer to Clause 18, which excites a great deal of interest in quarters not confined to these benches. I think it a great misfortune that a Clause which will lay down certain principles dealing with the Sinking Fund should be taken at this hour in the morning. If the Chancellor proposed to postpone that as well as the other there would be something in it, but to take this one and leave Clause 18 is an extraordinary proceeding, when relatively speaking the Clause which he wishes to postpone is trivial compared with Clause 18.