21 APRIL 1950, Page 5
There may still be time, as the Finance Bill goes
through the House, for the Chancellor to adopt a suggestion which reaches me from a highly reputable source. Let as many British bachelors as possible marry as many American heiresses as possible and bring them to settle and spend their American dollars here, on the under- standing that they will be required to pay no income-tax. The dollar problem half solved in a stroke. But how much would the Chancellor lose in income-tax ? Nothing at all, because without the inducement of immunity the heiresses wouldn't come. * '•