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
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- Timestamp
- 2025-01-22 21:08:13 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_511593
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