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Proceeding contribution from Rachel Reeves (Labour) in the House of Commons on Thursday, 24 June 2010. It occurred during Budget debate on Budget debate.


Capital Gains Tax (Rates)

Can my right hon. Friend confirm that, in addition to what I said earlier about this Budget affecting the top decile by just 0.7% and the bottom decile by 2.6%, Labour's March Budget had an impact on the top decile of 7% and absolutely no impact at all on the income of the poorest decile? There is a different way of doing a Budget, and that was a progressive Budget.


Secondary information

Type
Proceeding contribution
Reference
512 c461 
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