Proceeding contribution from Stephen Timms (Labour) in the House of Commons on Wednesday, 7 April 2010. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.
Finance Bill
I do not have the figures in front of me but, as I said, we have been consulting people, as we should, and talking to them in a very open way. The Exchequer Secretary to the Treasury has been leading this work, and that has resulted in changes to the estimate. The reforms to income tax and pensions will affect only the top 2 per cent. of earners. They have benefited the most from strong growth in recent years, and we think that it is right that those with the broadest shoulders should carry the greatest burden in funding the recovery.
Secondary information
- Type
- Proceeding contribution
- Reference
- 508 c1060
- Session
- 2009-10
- Chamber / Committee
- House of Commons chamber
- Subjects
- Corporation tax Capital investment Cider Income tax Excise duties Fuels Double taxation Economic situation Pensions National insurance contributions Taxation Tobacco Stamp duties Smuggling First time buyers Stamp duty land tax
- Legislation
- Finance Bill 2009-10
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2024-04-21 21:00:11 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_637395
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