Weekly Register in London, Middlesex

Taxation debate on income and property in late 18th century

The discussion centers on a clause repealing parts of the Geled:Tax Act of last Seffon and the impact of an equal tax on lands and income. Mr Tierney argues it breaches faith with loan contractors and would distort liquidation plans, while Mr Pitt defends the measure as a simple, productive reform. Lords, merchants, and clergy voices push for exemptions and modifications, highlighting hardship on annuities, naval and military salaries, and small landholders. A division ends with 123 for and 9 against the clause, adjournment follows due to a sparse attendance.