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National Insurance Contributions And Incomes

Volume 643: debated on Tuesday 4 July 1961

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asked the Chancellor of the Exchequer what were the compulsory contributions made by a married man with average earnings of £3 9s. a week in 1938; what are the compulsory contributions in July, 1961, of a married man, including Income Tax, National Health Service, National Insurance, and Industrial Injuries; what is his average net income if he receives £14 10s. 9d. per week; how this net income compares with a net income of £3 7s. in 1938 plus the value of the rise in the cost of living, and what is the difference in actual current money value.

The compulsory weekly contributions for an employed married man aged between 18 and 70 without dependants were as follows:criticism that there is insufficient British investment in education and in roads, compared with other choices in the public sector, to make an adequate contribution to longer-term growth.

With regard to the second part of the Question, it is true that the Report posed a question with regard to investment in education and roads. It also contains some exceedingly pertinent comments upon other matters. I believe that the Report merits very careful consideration, and I commend it to the attention of hon. Members. I understand that a copy is now available in the library of the House.