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Proceeding contribution from Geraint Davies (Labour) in the House of Commons on Monday, 8 November 2010. It occurred during Debate on bill on Finance (No.2) Bill.


Finance (No.2) Bill

My hon. Friend makes a powerful case to look again at the detail. Does he agree that if the objective was to be fair and to put the burden on to the broadest shoulders, surely it would have been better to raise the marginal rate of tax from 40% to 41% , so that the people who have more pay more, and not just clobber people with children, who now have to pay more for their children. Those are couples, only one of whom might be working, where the 40% does not signal the best-off households.


Secondary information

Type
Proceeding contribution
Reference
518 c66 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Children Disclosure of information Child benefit Corporation tax Banks Crew Employment Families Fisheries Incentives Income tax Film Financial services Financial institutions Independent taxation Economic situation Personal income Pay Mental capacity Profits Norway Small businesses Tax allowances Taxation Shipping Terminology Video games Tax rates and bands Self-employed Iceland Bank levy
Legislation
Finance (No. 2) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk