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Proceeding contribution from Lord Newby (Liberal Democrat) in the House of Lords on Wednesday, 30 April 2008. It occurred during Debate on bill on National Insurance Contributions Bill.


National Insurance Contributions Bill

My Lords, I do not necessarily want to support the noble Baroness, because she is perfectly capable of making her own argument. However, if the Government raise taxes, by and large, they spend it on something. That does not mean that they have not raised taxes in the first place. That is what is happening here. It may be that the money is being spent on the most wonderful purposes that humankind has ever considered, but that does not negate the fact that in order to spend it you have to raise it. That equates to a tax.


Secondary information

Type
Proceeding contribution
Reference
701 c313 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Women Income tax National insurance National Insurance Fund Poverty National insurance contributions Low pay State retirement pensions Tax rates and bands Earnings limits State second pension
Legislation
National Insurance Contributions Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk