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Proceeding contribution from Kelvin Hopkins (Labour) in the House of Commons on Wednesday, 17 December 2008. It occurred during Legislative debate on Value Added Tax.


Value Added Tax

I agree with the idea of a fiscal stimulus, although I would go further and make it bigger. I am puzzled, however, by why the Government have chosen to put money into reducing VAT. That £12.5 billion could have been put directly into the pockets of state pensioners and of families with children, and directly into infrastructure investment that would create jobs now. Would not that have been a much more efficient way to counter the recession?


Secondary information

Type
Proceeding contribution
Reference
485 c1154 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Costs Business Economic situation Germany Taxation VAT Tax rates and bands
Legislation
Value Added Tax (Change of Rate) Order 2008
Link
View this Proceeding contribution on www.publications.parliament.uk