UK Parliament / Open data

Finance Bill

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

I just want to make a simple point. Every time the tax rate for the richest was cut under the previous Conservative Government, the amount paid by the top 10% went up in cash terms and in relation to what was paid by the rest of the population. In other words, every time the tax rate was reduced, the amount that the rich paid went up and the percentage of the overall pot that they paid went up. How does the hon. Gentleman explain that trickle-down effect?

Type
Proceeding contribution
Reference
565 c630 
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
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