Skip to main content

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


Capital Gains Tax (Rates)

It is not the reduction of the deficit that is the point of conflict between us but the scale and the speed of doing it. Doing it in the way that has been proposed risks pushing the economy back away from growth and into recession. In that situation, the deficit will increase, not decrease. Does the hon. Gentleman accept that point?


Secondary information

Type
Proceeding contribution
Reference
512 c513 
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