As it happens, I was going to say something different, which will not surprise the House particularly. I was going to say that history tells us that cutting taxes raises more money, and that is probably a better bet to working out what will happen than fishing around for convenient forecasts. In 1979 and 1988 tax rates were cut and revenue went up, and that is a pretty good basis for doing this again.
Finance Bill
Proceeding contribution from
Jacob Rees-Mogg
(Conservative)
in the House of Commons on Monday, 1 July 2013.
It occurred during Debate on bills on Finance Bill.
Type
Proceeding contribution
Reference
565 c620
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2014-04-17 21:07:40 +0100
URI
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