Proceeding contribution from Iain Duncan Smith (Conservative) in the House of Commons on Monday, 28 June 2010. It occurred during Budget debate on Budget Debate.

Capital Gains Tax (Rates)

Directly in terms of this Budget, there will be no increase at all; that figure is approved by the OBR, and it is our determination to drive the figure down. Let me say to my hon. Friend that he is right: we have inherited from Labour one of the worst records of household unemployment in western Europe and, worse than that, we have the highest number of children living in workless households in the whole of western Europe. That is a shameful record of the previous Labour Government, and although Labour Members go on about it, it is we who have to deal with it, and I promise my hon. Friend that we will deal with it.

Secondary information

Type: Proceeding contribution
Reference: 512 c602-3
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Disability Children Child benefit Allowances Housing benefit Employment schemes Economic situation Incapacity benefit Economic growth Medical examinations Poverty Pensions Older people Lone parents Public sector debt Pregnancy Social security benefits VAT Unemployment Uprating Cuts Employment and support allowance Budget June 2010
Link: View this Proceeding contribution on www.publications.parliament.uk

Capital Gains Tax (Rates)

Secondary information

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