Child Poverty Bill

I thank the Minister, the noble Baroness, Lady Hollis, and the noble Lord, Lord Kirkwood, for their responses. The interesting thing about this area is that the assumption has been exactly the one that the noble Baroness, Lady Hollis, made: people at these income levels are not particularly responsive to financial and economic stimuli. It is rather recently that economists have started to find and argue that the Laffer curve works just as much at the lower-income levels as it has proved to work at the higher levels.