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Proceeding contribution from John Hayes (Conservative) in the House of Commons on Wednesday, 6 May 2009. It occurred during Debate on bill on Finance Bill.


Finance Bill

My hon. Friend will understand that as an economy advances it becomes more complex, which is further complicated by the global nature of trade; that means that when Government pull policy levers, the results are less and less predictable. Will she invite the Minister, specifically in relation to the Finance Bill and the changes that it introduces, to consider whether those reactions to policy levers are likely to be as speedy as economic models currently used by the Treasury assume, or whether they will bring with them large deadweight costs, and what measurement the Government have made of those?


Secondary information

Type
Proceeding contribution
Reference
492 c292 
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