I do not understand what that has to do with income tax and tax allowances. When you have a shock, you do not deal with it through the allowances or tax rates, because they take too long to have an effect; you deal with it through VAT or some other measure which has immediate effect in responding to a shock.
Scotland Bill
Proceeding contribution from
Lord Eatwell
(Labour)
in the House of Lords on Wednesday, 28 March 2012.
It occurred during Debate on bills on Scotland Bill.
Type
Proceeding contribution
Reference
736 c1503
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 16:33:35 +0000
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