Does the hon. Gentleman agree that the reduction in VAT under the Labour Government reduced revenues by just over £12 billion, so we do have quite a good idea of how much money it will bring in? Does he also agree that my constituents, who earn £16,000 on average, did notice the reduction in VAT, and that they will certainly notice the increase in VAT?
Finance Bill
Proceeding contribution from
Rachel Reeves
(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 c843Session
2010-12Chamber / Committee
House of Commons chamberSubjects
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