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)
My hon. Friend has to recognise that one needs to see the Budget in the round, over the lifetime of this Parliament and in terms of reform. What I want to do is introduce reforms that focus benefit money—the money that we spend—hugely on the poorest in society. That must be our priority. Right now, the benefit system that we inherited is out of kilter, and has sucked in too many people on higher incomes, and has left too many people on low incomes desperately looking for work, but unable to find it. The answer to my hon. Friend's question is that we are absolutely—and I am, too—determined to reform the system, so that the poorest benefit the most, and we make sure that they receive assistance to change their lives and become more profitable in all that they do.
Secondary information
- Type
- Proceeding contribution
- Reference
- 512 c611-2
- 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
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