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Proceeding contribution from Stephen Williams (Liberal Democrat) 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 hon. Gentleman makes a reasonable point, and I am sure that the Minister will tell us what work has been done in the Treasury and his estimate of what the proposal from the hon. Member for Hayes and Harlington might raise. My point is that it is not helpful to present MPs or our constituents with such a range of sums—from the low billions to in excess of £100 billion—that the Robin Hood tax could raise, because they raise false expectations of what it might actually achieve.

Secondary information

Type
Proceeding contribution
Reference
530 c1398 
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