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Proceeding contribution from Michael Meacher (Labour) in the House of Commons on Tuesday, 6 July 2010. It occurred during Debate on bill on Finance Bill.


Finance Bill

No, time is going on and I want to conclude. The fact that those people make no sacrifice while everyone else is being hit extremely hard makes an utter mockery of any idea of fairness in the Budget. This is not an honest Budget or an honest Bill. It was born of an ideological fixation to shrink the state well below 40%. The facts and arguments have been massaged to fit around this preconceived idea, and the methods used—draconian cuts to produce a balanced Budget—remain a throwback to the reactionary and ultimately disastrous economics of the 1930s. It will fail, but the risk is that it will drag down Britain with it.


Secondary information

Type
Proceeding contribution
Reference
513 c254-5 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Poverty Children Corporation tax Exports Excise duties Fuels Private sector Insurance premium tax Economic growth Forecasts Low incomes Pensions Public expenditure Unemployment Rural areas Public sector debt Tax avoidance VAT Resignations Tax evasion Tax burden Building schools for the future programme Office for Budget Responsibility Budd, Alan
Legislation
Finance Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk