Proceeding contribution from Stewart Hosie (Scottish National Party) in the House of Commons on Tuesday, 12 May 2009. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.
Finance Bill
I agree that the G7 argument is spurious. Workers in my constituency have recently lost their jobs to Hungary and China. We will never compete with those countries on wage costs, but does the hon. Gentleman not agree that a reduction in corporation tax simply helps to create a competitive package? It would at least make it a tough decision, and not an easy choice, for boards of directors to move their businesses elsewhere.
Secondary information
- Type
- Proceeding contribution
- Reference
- 492 c690
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Alcoholic drinks Companies Business Corporation tax Competition Capital investment Excise duties Business rates Public houses Tax allowances Tax avoidance Taxation VAT Tax rates and bands Trade competitiveness
- Legislation
- Finance Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 11:37:27 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_558129
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