Commons: 27 November 1979
National Finance
Family Incomes
Volume 974: debated on Tuesday 27 November 1979
Mr. Austin Mitchell
asked the Chancellor of the Exchequer if he will circulate a table in the Official Report showing (a) the value of the income tax concessions to each tax group in the last Budget in respect of a family of four with two children of school age and an average mortgage for a family in the income group concerned, (b) the value of the charges imposed by the Government on such families directly and indirectly since taking office, (c) the anticipated increase in rates and charges for school travel, etc., by local authorities and (d) the increase in mortgage payments net of tax relief on the assumption that mortgage interest rates are raised to 15 per cent.
Mr. Peter Rees
I refer the hon. Member to the answers I gave on Wednesday 21 November 1979 to the right hon. Member for Manchester, Ardwick (Mr. Kaufman), to two similar questions.—[Vol. 974, c. 226–8].
the USA and Japan is not available. A comparison can, however, be made for all the countries, except Denmark and Luxembourg, on the basis of the income of an average production worker. This is given in the table below: