Taxation.

Oral Answers to Questions — National Finance. – in the House of Commons on 17th March 1942.

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Photo of Mr William Thorne Mr William Thorne , West Ham Plaistow

asked the Chancellor of the Exchequer whether he will consider the question of raising £1,000,000,000 by a capital tax on incomes over £500 on a graduated scale, and use it for reducing the National Debt?

Photo of Mr Oswald Lewis Mr Oswald Lewis , Colchester

asked the Chancellor of the Exchequer whether in framing future legislation on Income Tax, he will consider the desirability of allowing, as an expense chargeable against income, a special educational allowance for the payment of school fees?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

I have noted my hon. Friends' suggestions, but must ask them to await my Budget statement.