[115] I.e., on the generally accepted basis of (1) assessment to death duties, (2) assessment to income-tax. With regard to (1), in the last report of the Inland Revenue Commissioners, the figure for the United Kingdom was £371,808,534; for Ireland, £15,872,302, or 1/234. With regard to (2), the figure for the United Kingdom was 1009.9 millions; for Ireland, 39.7 millions, or 1/254. Deduct a small allowance for the difference between resources and taxable capacity, and the result approximately is one-twenty-fifth.
| Total revenue (including non-tax revenue) of United | |
| Kingdom (mean of two years. 1909-10, 1910-11) | £165,147,500 |
| One-twenty-fifth | £6,605,900 |
| Actual "true" revenue contributed by Ireland(mean | |
| of two years, 1909-10, 1910-11) | £10,032,000 |
| "Over-taxation" | £3,426,100 |
If only the tax-revenue be taken, the over-taxation amounts to £3,109,800 (total revenue for United Kingdom, £140,680,000; one-twenty-fifth=£5,627,200; actual Irish revenue, £8,737,000). Some members of the Royal Commission made certain allowances for education grants, etc., which it would be useless to parallel now.
[119] Treasury Return, No. 220, 1911.
[120] A list is given at p. 10 of Return 220 (1911), and an admirable exposition of the whole subject from the Irish standpoint will be found in Professor Oldham's seventh published lecture on the "Public Finances of Ireland" (1911).
[121] The "Whisky Money" was so treated under the Finance Act of 1910.