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Clause 1. — ;(Charge of Income Tax for 1955–56 and Surtax Rates for 1954–55.)

Part of Orders of the Day — Finance Bill – in the House of Commons at 12:00 am on 27th April 1955.

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Photo of Mr Samuel Silverman Mr Samuel Silverman , Nelson and Colne 12:00 am, 27th April 1955

There was more equitable distribution. Nobody denies that. The hon. and learned Member for Bolton, East (Mr. Philip Bell) can deny anything he chooses. If he chooses to say that two and two make seven and three-quarters, he is perfectly free to do so, but he will not persuade anybody. Those Income Tax concessions were distributed over a wider band of Income Tax payers than this one is. The right hon. Gentleman takes great credit for having released 2½million more people from liability to pay tax at all, but, on the average, they were paying only 9d. a week.