Part of Oral Answers to Questions — National Finance. – in the House of Commons at on 9 September 1941.
Mr Arthur Woodburn
, Clackmannan and Eastern
Is the Chancellor considering, in this connection, any increment tax that will bring to the State much of the profit that will take place in the reselling of land and property?
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.
