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Proceeding contribution from Lord Clarke of Nottingham (Conservative) in the House of Commons on Wednesday, 26 November 2008. It occurred during Emergency debate on Pre-Budget Report.


Pre-Budget Report

Well, I tackled the hon. Gentleman on his tax proposals, and they were redistributive tax proposals whereby the rich were going to pay for tax cuts for the poor. I think that, rather like in the case of the Government, that is more electoral than economic in its objectives; that is debatable. In any event, he ruled out fiscal stimulus and has suddenly become a convert to it.


Secondary information

Type
Proceeding contribution
Reference
483 c771 
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