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Proceeding contribution from Chris Leslie (Labour) in the House of Commons on Tuesday, 5 July 2011. It occurred during Debate on bill on Finance (No. 3) Bill.


Finance (No. 3) Bill

The problem is that we should have not either/or, but both. The bank levy and the banker bonus tax would be a fair contribution from the banking sector—[Interruption.] The Minister disagrees, but that is his opinion. The OBR says that the yield of a bonus tax could be £3.5 billion, but even a conservative estimate of, say, £2 billion would mean significant money that could eat into youth unemployment.


Secondary information

Type
Proceeding contribution
Reference
530 c1382 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Accountancy Companies Costs Corporation tax Banks EU countries Environment protection Energy Electricity generation Industry International cooperation Investment trusts Pay Money Young people Tax collection Taxation Unemployment Carbon emissions Bank levy
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk