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Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Tuesday, 17 April 2007. It occurred during Opposition day on Occupational Pensions.


Occupational Pensions

That is a good point logically, but it is factually wrong. I noticed that the Chancellor made the same point. Research after the 1997 Budget by City university business school tried to analyse the impact on investment—whether the abolition of the dividend tax relief did what it was designed to accomplish. It came to the conclusion—it had no political axe to grind—that the impact was zero. The claim that it would change investment behaviour was simply wrong as a matter of fact.


Secondary information

Type
Proceeding contribution
Reference
459 c186 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Pensioners Workplace pensions Pensions Personal pensions Pension funds Treasury
Link
View this Proceeding contribution on www.publications.parliament.uk