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Proceeding contribution from Chris Huhne (Liberal Democrat) in the House of Commons on Thursday, 24 June 2010. It occurred during Budget debate on Budget debate.


Capital Gains Tax (Rates)

I honestly think that the hon. Gentleman is misreading the situation dramatically. We had three announcements; I have mentioned two of them already and I am going to expand on the green deal. It was an emergency Budget, and I would not have expected a substantial programme of reform on green taxes in an emergency Budget that was designed to take us out of the firing line. We have a clear coalition commitment, going forward, to a rise in revenue from green taxes as a proportion of total revenue. That is in the coalition agreement and I have absolutely no doubt that that is what we will see when the full Budget is brought forward in the normal way after the processes of consultation throughout Government.


Secondary information

Type
Proceeding contribution
Reference
512 c450 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Bank services Climate change Capital investment Housing Environment protection Government assistance Economic situation Economic growth Forecasts National income Public expenditure Pollution control Public sector debt Standards Taxation VAT Institute for Fiscal Studies Office for Budget Responsibility Bank levy Sheffield Forgemasters Budget June 2010
Link
View this Proceeding contribution on www.publications.parliament.uk