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Proceeding contribution from Lord Lea of Crondall (Labour) in the House of Lords on Monday, 26 July 2010. It occurred during Debate on bill on Finance Bill.

Finance Bill

The Minister is rather gratuitously missing the point. The Government have never made that clear when they proclaim that the Budget is progressive. I can make their sums add up to that conclusion only by including the March measures of the Labour Government. That is an astonishing thing to do. Will the Minister agree to desist from claiming that this Budget has those effects? Does he agree with the Treasury Select Committee that a proper analysis of the income redistribution effects of measures announced this year should include the public expenditure cuts and that they should be looked at together? The noble Lord, Lord Razzall, and I persistently have asked these questions. This is an opportunity for answers. They are serious questions and they need serious answers.

Secondary information

Type
Proceeding contribution
Reference
720 c1219 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Capital gains tax Business Corporation tax Banks Annuities Development aid Income tax Financial institutions Fiscal policy Higher education Economic situation Forecasts National insurance Pensions National insurance contributions Public expenditure Monetary policy Tax rates and bands Office of Tax Simplification Public sector debt Small businesses Tax allowances Taxation VAT Students Office for Budget Responsibility Bank levy
Legislation
Finance Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk