Tax cuts

Title

Tax cuts

Genre

Interview

TX Date

13 Jul 1978

Year of production

1978

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Duration

00:04:23

Description

Chief Secretary of the Treasury Joel Barnett explains the drop in income tax by a penny and defends date of decision, and where the saving will affect the public. Claiming there are more tax cuts on the way, Barnett explains why large pay increases are not beneficial in the long run, as prices will rise. Interviewer not identified.

Contributors

Joel Barnett

Keywords

Trade unions; Wages; Prices; Taxation; Economics; Income tax

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