Estate Duty

Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 13th February 1951.

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Photo of Flight Lieut Wavell Wakefield Flight Lieut Wavell Wakefield , St Marylebone 12:00 am, 13th February 1951

asked the Chancellor of the Exchequer what steps he proposes to take with regard to the memorandum submitted to him on 20th November, 1950, by the National Union of Manufacturers urging that a public inquiry should be held into the effects on British industry of the present high rates of Estate Duty.

Photo of Mr Hugh Gaitskell Mr Hugh Gaitskell , Leeds South

I would refer the hon. Member to the reply I gave to the hon. Member for Chippenham (Mr. Eccles) on 6th February.

Photo of Flight Lieut Wavell Wakefield Flight Lieut Wavell Wakefield , St Marylebone

Where evidence has been submitted to the effect that high Estate Duty is having a serious effect on production, cannot something be done about it?

Photo of Mr Hugh Gaitskell Mr Hugh Gaitskell , Leeds South

I do not think there is any great evidence to that effect, or evidence of any hardship.