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Proceeding contribution from Damian Hinds (Conservative) in the House of Commons on Monday, 4 July 2011. It occurred during Debate on bill on Finance (No. 3) Bill.

Finance (No. 3) Bill

First, may I apologise for missing some of the earlier speeches? I have a great deal of sympathy with much of what the hon. Lady has said, but the fact that these companies have high costs and in particular high marketing costs, and the fact that there is no evidence that consumers are making rational choices based on which is more or less expensive, suggests that taxation is not the answer to the problem. There may well be an answer to the problem, but hiking up taxes is almost certainly not it.

Secondary information

Type
Proceeding contribution
Reference
530 c1274-5 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Disadvantaged Directors Assets Corporation tax Banks Credit Advisory services Capital allowances Income tax Financial services Interest rates Low incomes Pay Nuclear power Loans Money lenders Social Fund Regulation Taxation VAT Tax rates and bands Tax yields
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk