Council Tax (New Valuation Lists for England) Bill

: In a previous debate, the hon. Lady said that under her proposal for a local income tax there would be a substantial element of equalisation of central Government grant, and referred to the total amount that local income tax would raise. By simple arithmetic, the figure she gave would mean that the amount of equalisation grant that remained to be distributed would be roughly the same as it is at present. How, then, would the hon. Lady’s vision of local government completely free from any grants from central Government come about?