We have never seen VAT at these levels. The hon. Gentleman's own party leader is on the record as saying that he believes that VAT is a regressive tax, and so is the Prime Minister. Surely, before the next Finance Bill, a study should be presented to this House showing what a 20% VAT rate will mean for the people whom we represent, so that we can insist on appropriate remedies from the Government.
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
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2010-12Chamber / Committee
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