Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Wednesday, 26 November 2008. It occurred during Emergency debate on Pre-Budget Report.
Pre-Budget Report
Back Benchers are getting a bit desperate over this. The truth is that even if there were no behavioural effects, the Government would raise £600 million, which is a 20th of what they need to make from their tax cut. This measure is pure tokenism and has no economic significance.
Secondary information
- Type
- Proceeding contribution
- Reference
- 483 c764
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Bank services Banks Credit Budgets Borrowing Investment Financial markets Economic situation Guarantees National income National insurance contributions Public expenditure Loans Public sector debt Taxation VAT World economy Pre-Budget report 2008
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2025-01-22 21:07:45 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_512362
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