Proceeding contribution from Lord Jackson of Peterborough (Conservative) in the House of Commons on Wednesday, 6 May 2009. It occurred during Debate on bill on Finance Bill.
Finance Bill
Does my hon. Friend agree that the 50p tax increase is emblematic of a party whose record shows that it was never really committed to the entrepreneurial spirit or to free enterprise? The whole edifice of new Labour was based on year-on-year increases in public expenditure irrespective of reform, a housing boom, and a Faustian pact with the City that there would be continuing tax revenues with light-touch regulation. Is it not the case that all three of those pillars have crumbled, and that as a result we are now in a disastrous fiscal position?
Secondary information
- Type
- Proceeding contribution
- Reference
- 492 c264
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Children Alcoholic drinks Business Corporation tax Credit Bingo Borrowing Finance Income tax Excise duties Fuels Gaming Government assistance Economic growth Forecasts Personal savings Poverty Pensions Public expenditure Scotland Tax allowances Tax avoidance Taxation VAT Trusts Tax rates and bands Tax evasion North Sea oil Trade competitiveness Marginal tax rates
- Legislation
- Finance Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 11:18:56 +0100
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