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
Librarians' tools
- Timestamp
- 2024-01-26 18:08:12 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_515955
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