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Proceeding contribution from Lord Beamish (Labour) in the House of Commons on Thursday, 15 July 2010. It occurred during Committee of the Whole House (HC) and Debate on bill on Finance Bill.


Finance Bill

Let us not forget that one. However, the proposal in clause 5 will leave a big black hole in the deficit reduction strategy. The Economic Secretary hinted, ““Well, we might not do it, or we might do something different.”” I am sorry, but if we are to have a thought-out plan to reduce the deficit, that is not the way to approach the matter. What we need is firm figures that do not make the poorest in society pay, which the proposal clearly will. She needs to explain to the House why neither she nor the Liberal Democrats went into the election saying that they would make this change. A lot of pensioners will find it very difficult to stomach.


Secondary information

Type
Proceeding contribution
Reference
513 c1151 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Travel Corporation tax Annuities Allowances Driving Income tax Exemptions Insurance Health insurance Inheritance tax Income Insurance premium tax Pensions Members Older people Working hours Tax allowances Tax avoidance Tax yields Independent Parliamentary Standards Authority Motor insurance
Legislation
Finance Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk