Oral Answers to Questions — War Taxation.

– in the House of Commons at on 20 February 1940.

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Photo of Sir Geoffrey Mander Sir Geoffrey Mander , Wolverhampton East

asked the Chancellor of the Exchequer whether he has now prepared the basis of the Government's scheme for a levy on wealth created by the war; and whether a valuation during the period of the war will be necessary and is to be made?

Photo of Mr John Simon Mr John Simon , Spen Valley

I would refer the hon. Member to my reply to a Question on this subject given to the right hon. Member for East Edinburgh (Mr. Pethick-Lawrence) on 16th January last.

Photo of Sir Geoffrey Mander Sir Geoffrey Mander , Wolverhampton East

In view of the fact that two valuations will be necessary, one during the war, can the Chancellor of the Exchequer say what steps he is taking to carry out the first of the two valuations?

Photo of Mr John Simon Mr John Simon , Spen Valley

I cannot add to my previous replies on this subject.