Is not the answer very straightforward? Is not the answer that the Budget depresses growth so much that tax receipts will actually be down, so even though the scorecard sets out a series of measures that should, in theory, raise the amount that it sets out, the OBR, understandably, knowing that growth is depressed, has set out that far less money will actually come through?
Finance Bill
Proceeding contribution from
Liam Byrne
(Labour)
in the House of Commons on Tuesday, 20 July 2010.
It occurred during Debate on bills on Finance Bill.
About this proceeding contribution
Reference
514 c194 Session
2010-12Chamber / Committee
House of Commons chamberSubjects
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2023-12-15 18:25:47 +0000
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