Parliamentary Search

Proceeding contribution from Danny Alexander (Liberal Democrat) in the House of Commons on Monday, 28 June 2010. It occurred during Budget debate on Budget Debate.

Capital Gains Tax (Rates)

That is not fairness. We have taken nearly 1 million people out of income tax altogether. That is fairness. The previous Government left an open door for the highest earners to exploit the gap between the rate of capital gains tax and the top rates of income tax, costing the taxpayer £1 billion a year. That is not fairness either. We have raised capital gains tax for higher rate taxpayers, and only higher rate taxpayers, by 10%. That is fairness.

Secondary information

Type
Proceeding contribution
Reference
512 c676 
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