Proceeding contribution from Mark Hoban (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
I listened carefully to that point, and the hon. Lady again demonstrated the problem that she is long on analysis, but short on solutions. She talked about excess profits, but of course there is a range of solutions for that, one of which is to increase competition in the market to force prices down. I am not sure that a windfall tax, which I think is what she is proposing, would have the impact that she expects.
Secondary information
- Type
- Proceeding contribution
- Reference
- 530 c1294
- 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
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- 2023-12-15 17:22:04 +0000
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