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Proceeding contribution from Mark Field (Conservative) in the House of Commons on Wednesday, 18 April 2012. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance (No. 4) Bill (Clauses 1, 4, 8, 189 and 209, Schedules 1, 23 and 33, and certain new Clauses and new Schedules relating to value added tax).

(Clauses 1, 4, 8, 189 and 209, Schedules 1, 23 and 33, and certain new Clauses and new Schedules relating to value added tax)

The hon. Gentleman will recall that when, in November 2008—for the first time and 11 and a half years into the Labour Government—the suggestion was made to change the higher rate of income tax, the then Chancellor suggested bringing in a 45p rate. Might that rate have been suggested simply because it was felt it would maximise the tax take from it? Is that not one reason the hon. Gentleman is somewhat misguided in supporting this amendment?

Secondary information

Type
Proceeding contribution
Reference
543 c335 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Devolved matters Aviation Corporation tax Banks Caravans Air passenger duty Income tax Food Economic situation Personal income Northern Ireland Passengers Scotland Wales Tax avoidance Taxation Repairs and maintenance Tax rates and bands Religious buildings Take-away food Wealth Regional airports Bank levy
Legislation
Finance Bill 2010-12 to 2012-13
Link
View this Proceeding contribution on www.publications.parliament.uk