UK Parliament / Open data

Finance (No. 2) Bill

I wish I was in this fortunate position of having a chauffeur or driver to take me to Fife to get a job. When I tried for a job in Fife in 1997, I was distinctly unsuccessful, and came back to a job in London, but that is slightly beside the point.

The overall point is that income at whatever levels has a determinant effect on the employment people seek and the work they are willing to do. That applies to benefits— paying benefits at too high a level can create a benefit trap that makes it not worthwhile for people to apply for jobs—and it applies very clearly to high tax rates when people decide not to earn.

Type
Proceeding contribution
Reference
561 c521 
Session
2012-13
Chamber / Committee
House of Commons chamber
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