Proceeding contribution from Danny Alexander (Liberal Democrat) in the House of Commons on Thursday, 28 October 2010. It occurred during Debate on Comprehensive Spending Review.
Comprehensive Spending Review
I am going to press on and answer this point. I shall give way in a moment. The right hon. Gentleman talked about our analyses counting measures proposed but not yet introduced by the previous Government. I have to tell him that the measures are as much a part of our plan as any others we have introduced. We took the decision to proceed with them. However, I am glad to say that some of the measures proposed by the previous Government did not make it into our final analysis. We rejected the jobs tax—[Interruption.] They do not like it! We rejected cuts to the overall NHS budget and we rejected the idea of burdening future generations with debt. They were wrong and they were stopped. Our progressive approach also places responsibility on the banks to make their fair contribution. We will continue to press banks to do more and to bring forward reforms to improve our financial system. That is why we introduced the bank levy. The previous Government stalled on that, saying that we would need international agreement first, but we went ahead with it. As the banks need to follow the spirit and not just the letter of the law, we have engaged in a concerted effort to get the leading banks to sign up to the code of practice on taxation by the end of November. We must ensure that everyone, no matter how rich, pays the taxes they owe. That is why we have agreed a new £900 million package for HMRC. That investment will fund a clampdown, bringing in £7 billion a year by the end of the Parliament.
Secondary information
- Type
- Proceeding contribution
- Reference
- 517 c506-7
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Cost effectiveness Government departments Economic growth Public expenditure Economic recession
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 13:32:05 +0000
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