Note 17 — Chapter XVI · THE ILLNESS OF THE PRINCE OF WALES.
Reading edition
Mr. Lowe desirous of not putting more than 1-1/4d. in the £ on the income-tax, proposed to calculate it at 10s. 8d. per cent. This novel method of calculating the tax, which was not necessary when the round sum of 2d. in the £ was adopted, was unpopular because it was puzzling.