Proceeding contribution from Brooks Newmark (Conservative) in the House of Commons on Thursday, 15 December 2005. It occurred during Debate on bill on National Insurance Contributions Bill.
National Insurance Contributions Bill
My hon. Friend mentioned Adam Smith. There is a great passage in ““The Wealth of Nations”” that has a bearing on our debate. Adam Smith wrote in 1776 that"““the tax which each individual is bound to pay ought to be certain and not arbitrary. The time of payment, the manner of payment, quantity to be paid ought to be clear and plain to the contributor and to every other person.””" Is not the problem with the Bill the fact that it is vague and arbitrary? That is our concern.
Secondary information
- Type
- Proceeding contribution
- Reference
- 440 c1511
- Session
- 2005-06
- Chamber / Committee
- House of Commons chamber
- Subjects
- Disclosure of information Abuse Accountancy Advisory services Eligibility Incentives Income tax Employees' contributions Employers' contributions National insurance Personal income Pay Powers National insurance contributions Stocks and shares Tax avoidance Taxation Tax yields Retrospective legislation
- Legislation
- National Insurance Contributions Bill 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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