asked the Minister for Finance the estimated net cost to the Exchequer in 1977 of (a) the abolition of income tax for all farmers (b) the abolition of profits tax on the trading surpluses of agricultural co-operatives (c) a reduction of 10 per cent in employers' social insurance contributions (d) the abolition of VAT on newspapers (e) the abolition of the wealth tax (f) a 10 per cent reduction in personal income tax and (g) the annual interest charge in respect of an increase of £100 million in the 1977 capital budget.
Written Answers. - Income and Tax Figures.
70.
The costs given in the reply relate to the estimated receipts under the various heads in the calendar year 1977 except under (b) where the figure relates to 1978—the first full year. At this stage these estimates are necessarily tentative.
The information requested is as follows: (a) £5 million; (b) £2 million; (c) £10 million; (d) £2.8 million; (e) £6.5 million; (f) £50 million; (g) £13 million.