UK Parliament / Open data

Finance Bill

Proceeding contribution from Brooks Newmark (Conservative) in the House of Commons on Monday, 1 July 2013. It occurred during Debate on bills on Finance Bill.

I know that maths is not the hon. Gentleman’s strongest suit, because in Committee we heard that he could raise £2 billion from £1.85 billion in bonus taxes. The Minister has been very clear that £2 billion divided by 55,000 is £36,000 on average. Does the hon. Gentleman at least accept the principle that this is going to cost taxpayers £36,000 per household on average, not in relation to bands?

Type
Proceeding contribution
Reference
565 c652 
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
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