UK Parliament / Open data

Finance Bill

Proceeding contribution from Bim Afolami (Conservative) in the House of Commons on Tuesday, 31 October 2017. It occurred during Debate on bills on Finance Bill.

I accept that point. Members present appear to be reaching consensus that the Government should always be thinking of how to balance the need for fairness and simplicity with closing loopholes so that people do not take advantage of the fair laws in this country.

Many Members have discussed in the speeches made so far—I told you, Mr Speaker, that I was listening—the importance of businesses bringing in money to fund our public services. We all recognise that that is important; indeed, it is the reason why many, if not all, of us became Members of Parliament. However, it is also worth making the point that having a thriving economy in which individuals, on their own merit and through their own effort and time, can make the most of themselves is in and of itself a good thing. We should not always revert to thinking about business as something simply to be milked for the Exchequer; the Exchequer, the Government and Parliament should set, and are setting, a clear, simple, as-low-as-possible framework in which individuals and corporations can thrive. That is the sort of fiscal and economic policy that I support.

About this proceeding contribution

Reference

630 c735 

Session

2017-19

Chamber / Committee

House of Commons chamber

Subjects

Legislation

Finance Bill 2017-19
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