The Minister is making an argument about choices that are made in order to increase revenue, but I think the Committee is struggling to understand the reason for the increase in the standard rate of IPT. Other choices were available. Why have increases in cider duty been withdrawn, for example, while new taxes are being introduced on insurance?
Finance Bill
Proceeding contribution from
Liam Byrne
(Labour)
in the House of Commons on Thursday, 15 July 2010.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance Bill.
Type
Proceeding contribution
Reference
513 c1131
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-06-21 11:50:46 +0100
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