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Proceeding contribution from John Baron (Conservative) in the House of Commons on Monday, 24 November 2008. It occurred during Ministerial statement on Pre-Budget Report.


Pre-Budget Report

The Government have not denied that, after this pre-Budget report, they will have borrowed more than all previous Governments combined. Given that the tax increases that the Chancellor announced today represent only a small fraction of the moneys needed to plug the black hole that he has created, will he at least admit that he may be forced to consider further tax increases, particularly if the recovery takes longer to come through than is expected?


Secondary information

Type
Proceeding contribution
Reference
483 c520 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Business Corporation tax Banks Credit Investment Financial institutions Financial markets Government shareholding Economic situation Inflation Forecasts National income Public sector National insurance contributions Small businesses Tax allowances Taxation VAT Tax rates and bands Stock market World economy Pre-Budget report 2008
Link
View this Proceeding contribution on www.publications.parliament.uk