§ Mr. John Evans
To ask the Chancellor of the Exchequer what he calculates to be the average per capita income tax saving per week for British taxpayers who currently pay tax at a marginal rate of 60 per cent., as a result of his Budget proposals; and if he will make a statement.
§ Mr. Norman Lamont
The average reduction in income tax liability in a full year at 1988–89 levels of income for taxpayers whose marginal rate would have been 60 per cent. under the 1987–88 regime indexed to 1988–89 is estimated to be £190 per week.