On that point, the hon. Gentleman must surely accept that a pretty comprehensive tax plan was set out in the March Budget. We were seeking to raise an extraordinary amount of money—£19 billion is not small potatoes—and we set out specifically how much would come in through national insurance increases, how much through changing the tax treatment of pension contributions, and how much through putting taxes on incomes up and keeping them up, and taxing certain incomes at the 50p rate. Some of those measures have been kept, but those were not easy decisions to make. They were difficult decisions, but they did bring in £19 billion of income to the Exchequer.
Finance Bill
Proceeding contribution from
Liam Byrne
(Labour)
in the House of Commons on Tuesday, 13 July 2010.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance Bill.
About this proceeding contribution
Reference
513 c836 Session
2010-12Chamber / Committee
House of Commons chamberSubjects
Librarians' tools
Timestamp
2023-12-15 18:06:15 +0000
URI
http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_654998
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_654998
In Solr
https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_654998