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Proceeding contribution from Steve Webb (Liberal Democrat) in the House of Commons on Monday, 28 April 2008. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.


Finance Bill

The logic of the hon. Gentleman's position is that it would be satisfactory to get rid of the 10p rate, provided that the House was satisfied with a complex compensation package. Surely it is a crazy idea to get rid of the 10p rate and try to compensate various groups through ever more complex means, only to end up spending public money on other groups who did not lose but cannot be separated from those who did. The whole idea is nonsense, and it would be far better simply to retain the 10p rate—[Interruption.]


Secondary information

Type
Proceeding contribution
Reference
475 c100 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Companies Capital gains tax Corporation tax Bingo Amusement arcades Licensing Investment Income tax Gaming machines Pensioners Small businesses Tax allowances Taxation Tax rates and bands
Legislation
Finance Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk