Proceeding contribution from Lord Myners (Labour) in the House of Lords on Thursday, 8 April 2010. It occurred during Debate on bill on Finance Bill.
Finance Bill
I am making the point that it is not —I was going to say "possible to make overly simplistic extrapolations", but regrettably the Opposition frequently do—wise or sensible to make simplistic extrapolations such as saying that an increase in this or that will have such an effect. Other economic forces are at work. We are suggesting that this increase in NIC will be coincident with a strong recovery in the economy and, therefore, if there is any effect on employment at all it will be very modest. I pointed out that previous Conservative Administrations had not only increased NIC—
Secondary information
- Type
- Proceeding contribution
- Reference
- 718 c1688-9
- Session
- 2009-10
- Chamber / Committee
- House of Lords chamber
- Subjects
- Civil liberties Alcoholic drinks Banks Borrowing Cider Incentives Excise duties Interest rates Economic situation Individual savings accounts National insurance Personal savings Pay Pensions Postal services Public sector debt Taxation Tax rates and bands Telephone services Unemployment Second homes
- Legislation
- Finance Bill 2009-10
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-04-21 21:00:14 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_638419
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