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Proceeding contribution from Stephen Timms (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

I cannot say that. I can say, however, that most households are better off. Let me quote what the Institute for Fiscal Studies has said:"““The income tax and NI package has been cleverly designed to limit the number of losers””." Indeed, the gains are particularly concentrated in the lowest income deciles. Our policy is to give extra help to families, to do more to lift children out of poverty and to protect the position of pensioners, and that is what the package does.


Secondary information

Type
Proceeding contribution
Reference
458 c1429 
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