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Proceeding contribution from Lord Redwood (Conservative) in the House of Commons on Monday, 17 December 2007. It occurred during Debate on bill on National Insurance Contributions Bill.


National Insurance Contributions Bill

To reinforce my hon. Friend's point that this is a tax increase and not a pension contribution, will he confirm that the money will not only be collected before the pensions are paid out but will be spent on general Government expenditure and not saved for future pensioners?


Secondary information

Type
Proceeding contribution
Reference
469 c645 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Income tax National insurance Personal income Poverty National insurance contributions State retirement pensions Tax rates and bands
Legislation
National Insurance Contributions Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk