The hon. Gentleman is indulging in so many inaccuracies that I cannot correct them all. The relevant passage of my right hon. Friend's Budget Statement was the following:
Since we came to office … taxation has been cut from 35 per cent. to 30 per cent."—[OFFICIAL REPORT, 6th March 1973; Vol. 852. c. 240.]
The major cuts in taxation have been on direct taxation.