UK Parliament / Open data

Finance Bill

Will the hon. Gentleman elaborate on the fact that the income tax threshold has been raised by £1,000, taking almost 1 million people out of income tax? That is, of course, a regressive tax, whereas VAT is charged on about 50% of consumer goods. Is not the effect on the poorest families in this country therefore mitigated?

About this proceeding contribution

Reference

513 c818 

Session

2010-12

Chamber / Committee

House of Commons chamber
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