Other titles:NATIONAL SAVINGS FILMS [Allocated Series Title]
Summary: During a train journey with a typical working family, Mr Parker, who "plans the taxes" in Whitehall, explains the reason for taxation, the governments' budget, and the purposes that taxation (both direct and indirect) is used for.
Description: The family settle down in the carriage and strike up a conversation with Mr Parker, who "plans the taxes" in Whitehall, asking why the government needs all the tax money. Mr Parker analogy of a water tank is used to demonstrate money coming in and going out of the government's Consolidated Fund. There follows an explanation of the tax system, including sliding income taxes and PAYE, direct and indirect taxes (smoking, drinking and cinema tickets are mentioned). Purchase tax. The difference between Customs and Excise. Borrowing (including Marshall Aid) and money from savings help top up the Consolidated Fund. Areas where the money goes are described: interest on loans, repayment of loans, defence, social services (education and health), police forces and law courts, family allowance and pensions, food subsidies and capital development (mining, power), and rebuilding after the war. The train passes a dockyard, where Britain's prosperity can be seen as ships are loaded with export goods.
Alternative Title:NATIONAL SAVINGS FILMS [Allocated Series Title]
