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55.
Mr. Gammans
asked the Chancellor of the Exchequer how much additional taxation he expects to collect in a full year by doubling the Purchase Tax on motor cars whose price, exclusive of Purchase Tax, exceeds £1,000.
Mr. Dalton
About £1,500,000.
Mr. Gammans
Does the Chancellor realise that for the collection of' a comparatively small amount of revenue of that sort he is probably going to ruin at least half a dozen motor car firms in this country?
Mr. Dalton
No, Sir.
56.
Mr. Keeling
asked the Chancellor of the Exchequer how much it would cost to apply the flat rate of tax to old motor cars as well as to new.
Mr. Dalton
Five and a half million pounds in 1948 on cars registered before 1947, in addition to £1 million on cars first registered in 1947 or 1948.