Parliamentary Search

Proceeding contribution from Clive Betts (Labour) in the House of Commons on Monday, 28 June 2010. It occurred during Budget debate on Budget Debate.

Capital Gains Tax (Rates)

Does the right hon. Gentleman accept that the Institute for Fiscal Studies, in its report on the Budget, said that the new measures were largely regressive, and that was before housing benefit cuts were taken into account? A survey at the weekend by Tim Horton and Howard Reed said that if the housing benefit cuts and spending cuts were taken into account, the poorest 10% were likely to face a six times greater reduction in their spending power than the richest 10%. Does that make it a fair Budget, in the right hon. Gentleman's opinion?

Secondary information

Type
Proceeding contribution
Reference
512 c609 
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