24 APRIL 1920, Page 1

In regard to Income Tax, Mr. Chamberlain said that he

would adopt the main proposals of the Royal Commission, and would give effect to them by a separate Bill. He would not gain additional revenue, but would lose £2,700,000 this year and £18,200,000 in a full year, though the scheme as worked out would redistribute the burden more fairly. He would adopt the Commission's proposal for remedying the injustice of the double tax levied on the same income by two Governments within the Empire, at a cost for the present year of £2,500,000.