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Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Monday, 21 April 2008. It occurred during Debate on bill on Finance Bill.

Finance Bill

I would stop short of calling it a religion. A theme is developing, because the only way that the Government can think of to try to defend their position is to go back to a baseline of 1997. By implication, the Prime Minister is trying to say to people, ““Look, don't worry about the fact that you will be £200 or £250 worse off this year as a result of the Finance Bill. Just remember that you had some good times in years gone by, so you shouldn't worry too much if we take this money away from you now.”” I have to tell the hon. Lady and the Prime Minister that that is not how people, especially those on low incomes, think or plan their lives. Those people need help now to deal with the hit being imposed on them, the scale of which many of them—and, I suspect, Labour Members—did not appreciate until very recently.

Secondary information

Type
Proceeding contribution
Reference
474 c1078-9 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Children Child tax credit Child benefit Alcoholic drinks Charities Capital gains tax Aviation Corporation tax Banks Climate change Capital investment Credit Bingo Air passenger duty Civil partners Families Environment protection Income tax Fuels Inheritance tax Government assistance Double taxation Domicil Economic situation EU emissions trading scheme Forecasts Pensioners Low incomes Poverty Minimum wage Public houses Personal taxation Married people Low pay Public finance New businesses Public sector debt Migrant workers Working tax credit Small businesses Tax allowances Tax avoidance Taxation VAT Supermarkets Dividend tax credits Winter fuel payment Secured loans Revenue and Customs Carbon emissions Research and development tax credit Institute for Fiscal Studies Earnings limits Budget March 2007 Enterprise investment scheme
Legislation
Finance Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk