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Business question from Angela Eagle (Labour) in the House of Commons on Thursday, 22 March 2012. It occurred during Business statement on Business of the House.


Business of the House

I thank the Leader of the House for his statement. Last week, I recommended to the Cabinet horses that they could back at the Cheltenham festival. Well, the verdict is in, and I have to announce that I will not be giving up the day job. Palace Jester, the horse that I recommended for the Deputy Prime Minister, was much talked about before the race and entered the field with high expectations, but it failed to live up to its overblown hype—it wilted at the first sign of pressure and ended up nowhere. That just proves that Palace Jester was exactly the right horse for the Deputy Prime Minister. I have been forced to conclude that I am about as successful at tipping horses as the Chancellor is at managing the economy. Yesterday, the Chancellor made a rare appearance in the House to present his millionaires' Budget. Although an appearance from him at the Dispatch Box is always a pleasant surprise, the content of the Budget certainly was not. In future, the Government could dispense with the Budget Red Book altogether and just publish a collection of newspaper clippings; instead of delivering a Budget speech from the Dispatch Box, the Chancellor could just review last week's papers. Will the Leader of the House undertake to update the House at next business questions on how the leak inquiry is going? This time last year, the Chancellor said his budget would"““put fuel into the tank of the British economy””—[Official Report, 23 March 2011; Vol. 525, c. 966.]" Since then, the economy has stalled, unemployment has risen and he is borrowing £150 billion more than he planned. What fuel has the Chancellor been using? After the lamentable record on growth, what was needed yesterday from the Chancellor was a Budget for jobs. Instead, we got a Budget that will be remembered for giving a huge tax cut to the richest 1%. We were all astonished to learn from the Chancellor this morning that he was not a top rate taxpayer. The hunt is now on for the name of his accountant, who will surely find himself in spectacular demand. Given that the Chancellor has answered the question, surely the rest of the Cabinet should now do so too. Will the Leader of the House arrange for a note to be placed in the House of Commons Library listing which members of the Cabinet have benefited from the cut in the 50p rate? Yesterday's ideological Budget gave a £40,000 tax cut to the richest 14,000 people—wrong choice. Yesterday's Budget introduced a stealth tax on pensioners to pay for that—wrong choice. Cuts to tax credits in April mean that 200,000 households will now be better off on the dole than in work—wrong choice. With VAT increased, fuel duty going up and child benefit cut, this is a Budget that leaves families £253 a year worse off—wrong choice. It is not just the Government's choices that are wrong; their entire philosophy is wrong. We now have a Government who believe that the top 1% will work harder if they are given a tax cut while everyone else can be made to work harder only by having their income cut. Will the Leader of the House find time for a debate on that notorious phrase, ““We're all in this together””? I have been trying to understand what the Chancellor could possibly have meant by it, so I looked up the word ““all”” in the Oxford English Dictionary, which said:"““All (noun): the entire number of; the individual components of, without exception.””" Having scoured the dictionary, I have to report to the House that I could not find a definition that excluded the top 1%, so will the Government be writing to the Oxford English Dictionary to ask it to correct its definition? Were the Leader of the House to find time for a debate on the phrase, ““We're all in this together””, the Deputy Prime Minister could lead it, because he has claimed that this was a ““Robin Hood”” Budget. The Deputy Prime Minister had a very expensive education at Westminster school; what did they actually teach him? In my more modest school, we were told that Robin Hood took money from the rich and gave it to the poor, not the other way round. Every time I have asked the Leader of the House to find time for a debate on fairness, he has ignored my request, and now we know why. This was a Budget that was neither fair nor progressive and built unfairness on top of economic policies that have failed. Will the Leader of the House finally find time for a debate on fairness? This week, Government Members waved their Order Papers for tax cuts for the richest 1% and the Cabinet banged the table when the Health and Social Care Bill was passed. Wrong choices; wrong philosophy; wrong ideology: same old Tories.


Secondary information

Type
Proceeding contribution
Reference
542 c944-6 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Budgets Income tax Public expenditure Tax rates and bands
Link
View this Proceeding contribution on www.publications.parliament.uk