UK Parliament / Open data

Finance Bill

The hon. Gentleman is making a big thing about VAT being 20%. It has been 17.5% for as long as he and I have been in Parliament, and it has been accepted by hon. Members that priority is sometimes given—[Interruption.] Well, except for when it was reduced for a very short period and put back up again. In 2007, Labour Members gave priority to cutting income tax. Can the hon. Gentleman refresh our memories on his record in calling for a reduction in VAT when it was 17.5%, because presumably, it must have had some of the pernicious effects he is talking about now?
Type
Proceeding contribution
Reference
513 c819 
Session
2010-12
Chamber / Committee
House of Commons chamber
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