TABLE 27.-Direct taxes paid in respect of different types of income and property'
(1) It will be understood that in the case of mixed incomes the allocation of tax can only be arbitrary.
Thus, if, for example, an individual's income is derived both from wages and from interest-bearing securities,
the tax payable depends partly on the size of his tax-free allowances and these are calculated with reference
to his total income and not with reference to its separate component parts.
(2) Excess profits tax post-war refunds and the income tax thereon are excluded from these figures.
() Government and municipal stocks, bonds, mortgages and debentures.
TABLE 28.-Allocation of indirect taxes and subsidies'
(1) The allocation of indirect taxes and subsidies over the four categories of expenditure (personal con-
sumption, government current expenditure, exports and gross capital formation) is inevitably to some
extent arbitrary. The method followed has been to adjust each of the four categories of expenditure for
taxes and subsidies known to be specific to them; components of expenditure known to contain no general
indirect taxes (e. g. expenditure on domestic service, personal and government expenditure abroad, govern-
ment expenditure on the wages and salaries of civil servants and the Armed Forces) were then deducted
and the general taxes and subsidies spread pro rata over the remaining parts of gross national expenditure.