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1967 May 3 We
Margaret Thatcher

Letter to The Times (business taxes)

Document type: Speeches, interviews, etc.
Document kind: Letter
Venue: House of Commons
Source: The Times, 5 May 1967
Journalist: -
Editorial comments: -
Importance ranking: Minor
Word count: 113
Themes: Conservative Party (history), Taxation
From Mrs. Margaret Thatcher, M.P.

Sir,—In today's edition (May 3) of the Business News, you publish as a graph some figures on company profits taken from the reply to a question addressed to James Callaghanthe Chancellor of the Exchequer. They show that taxes paid by companies fell as a percentage of gross trading profit from 45 per cent in 1952 to 15 per cent in 1965. Through your column, I should like to thank the Chancellor for this wonderful testimonial to 13 years of Conservative government.

Yours faithfully,

Margaret H. Thatcher.

House of Commons, S.W.1.