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Proceeding contribution from David Leslie Taylor (Labour) in the House of Commons on Tuesday, 27 March 2007. It occurred during Budget debate on Budget Resolutions and Economic Situation.


Budget Resolutions and Economic Situation

The hon. Gentleman was in the Chamber, as I was, when we first heard the Chairman of the Public Accounts Committee articulate what will in future years be known as the ““Gainsborough doctrine””. That doctrine moves on from sharing the proceeds of growth to confiscating or hypothecating them: to transferring all those proceeds into tax cuts, thereby denuding public services. Was the hon. Gentleman attracted by that innovation?


Secondary information

Type
Proceeding contribution
Reference
458 c1412 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Companies Business Investment Income tax Fiscal policy Economic situation Manufacturing industries Small businesses Regulation Trade Taxation Productivity Budget March 2007
Link
View this Proceeding contribution on www.publications.parliament.uk