Proceeding contribution from Sarah Newton (Conservative) in the House of Commons on Tuesday, 26 October 2010. It occurred during Debate on bill on Savings Accounts and Health in Pregnancy Grant Bill.

Savings Accounts and Health in Pregnancy Grant Bill

You are making a very powerful speech for us this evening, and I completely agree with you about the importance of savings and of encouraging a savings culture. However, I am rather disappointed by the glib response to my hon. Friend the Member for South Staffordshire (Gavin Williamson), who asked how Labour Members would pay for those benefits. Every time that question is raised, Labour Members say that we should tax the rich. What calculation has the hon. Gentleman made of the effect of increasing taxes to 70%, 80% or 90%? Is that where you would like to go? And what estimation—

Secondary information

Type: Proceeding contribution
Reference: 517 c254-5
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Children Children in care Child trust fund Grants Personal savings Low incomes Poverty Pregnancy Saving gateway
Legislation: Savings Accounts and Health in Pregnancy Grant Bill 2010-12
Link: View this Proceeding contribution on www.publications.parliament.uk

Savings Accounts and Health in Pregnancy Grant Bill

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