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Proceeding contribution from Danny Alexander (Liberal Democrat) in the House of Commons on Monday, 26 March 2012. It occurred during Budget debate on Amendment of the Law.


Budget Resolutions and Economic Situation

I certainly share the hon. Lady's joy that the new A11 is being built by this Government. It has been campaigned for by Members from Norfolk for many decades and never agreed to before. I just wish that I could say the same for my constituents regarding the long-awaited investment in the A9 that the Scottish Government still are not delivering. On omissions, we heard a lot of carping from the Labour party about individual measures but there were almost no references to the single biggest measure in the Budget. Opposition Members should follow the money in this Budget. More than three quarters of the money raised in this Budget is being spent on one policy measure alone—the biggest tax cut for people on low and middle incomes in this country for a generation. We have set the goal of raising the personal tax-free allowance to £10,000—from the Liberal Democrat election manifesto to the coalition agreement to the pockets of the British people in this Budget. Next month, the income tax personal allowance will rise to £8,105. That gives real help to the working people of this country this year. Taken with the previous increase that has come through this year already, it will lift more than 1 million low-income people out of tax altogether, but we are going further and faster.


Secondary information

Type
Proceeding contribution
Reference
542 c1262 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Capital investment Budgets Culture Broadband ICT Innovation Intellectual property Welfare tax credits State retirement pensions Research Tax rates and bands Cuts Budget March 2012 High income child benefit tax charge
Link
View this Proceeding contribution on www.publications.parliament.uk