Proceeding contribution from Rob Marris (Labour) in the House of Commons on Monday, 24 April 2006. It occurred during Debate on bill on Finance (No 2) Bill.
Finance (No. 2) Bill
I agree, but the Liberal Democrats are saying no. So what will the tax do if it will not discourage aircraft movement? They are trying to have it both ways. The law of unintended consequences may also apply to road user charging. Supporters of a per mile or per kilometre charge need to be careful about the psychology of some people—including me. If I paid by the mile, I might think that as I was doing my bit for green taxes I might as well drive a few more miles. The unintended consequence might be that people drive more miles. If the response from the Liberal Democrats would be to jack up the price, I am sure that that would be really popular with their rural constituents. The hon. Lady also talked about personal debt. I do not know how to say this without sounding patronising, but I was around in the early 1990s, when she was quite a lot younger. The present low interest rates and economic stability mean that the ability of people to service their debts is completely different now. One cannot simply say that the gross amount is similar and that we will therefore have a crash like we did in the early 1990s.
Secondary information
- Type
- Proceeding contribution
- Reference
- 445 c413
- Session
- 2005-06
- Chamber / Committee
- House of Commons chamber
- Subjects
- Alcoholic drinks Charities Capital gains tax Aviation Corporation tax Computers Cars Climate change levy Fraud Families ICT Environment protection Gambling Income tax Film Exemptions Excise duties Exhaust emissions Landfill tax Inheritance tax Fiscal policy Investment trusts Economic situation Motor vehicles Oil Pensions Personal pensions Olympic Games Life insurance Passengers Pension funds PAYE Paralympic Games Small businesses Tax allowances Tax avoidance Taxation VAT Research Trusts Tobacco Dividend tax credits Stamp duties Tax rates and bands Skilled workers Wills Tax evasion Tax yields Productivity Stamp duty land tax Tax thresholds Real estate investment trusts
- Legislation
- Finance (No. 2) Bill 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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