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


Finance Bill

On the point about indexation, to say that it would increase complexity when the Explanatory Notes to the clause as it stands run to six pages is perhaps a little strange. May I pursue with my noble friend the broader point that I raised: is it not important to have a monetary policy that is compatible with the cuts being made? Also, in that context, why does he think that quantitative easing appears not to have had a significant effect on the money supply?


Secondary information

Type
Proceeding contribution
Reference
720 c1220-1 
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