Proceeding contribution from David Gauke (Conservative) in the House of Commons on Tuesday, 21 June 2011. It occurred during Debate on bill on Scotland Bill.

Scotland Bill

The hon. Gentleman is presenting the Laffer curve argument. He suggests that a corporation tax cut could pay for itself. As he knows, I support that idea and am looking at what the Government are doing in that connection. It is not altogether surprising that there are advantages in reducing corporation tax, but, initially at the very least, it comes at a cost. We had to put that in the Red Book. Does he believe that there would be no cost, or does he believe that the tax cuts would immediately pay for themselves?

Secondary information

Type: Proceeding contribution
Reference: 530 c241
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Devolved matters Alcoholic drinks Corporation tax Devolution Borrowing Income tax Excise duties Landfill tax Powers Public expenditure Scotland Taxation Taxpayers Stamp duty land tax Scottish Government
Legislation: Scotland Bill 2010-12
Link: View this Proceeding contribution on www.publications.parliament.uk

Scotland Bill

Secondary information

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