I genuinely thank the Minister for trying to explain that to me, but he has just described the top-end tax cut as a theoretical tax cut when my understanding is that it is a very real tax cut whereby 13,000 people who are millionaires or richer have each saved more than £100,000 per year. At this very moment, my constituency is digging deep as a result of cuts to school transport. Will the Minister confirm that the tax cut is not theoretical, but real, and that 13,000 people who are millionaires or richer have each saved to the tune of £100,000 as a result of it, when the median wage in my constituency is sub-£21,000?
Finance (No.2) Bill
Proceeding contribution from
Huw Irranca-Davies
(Labour)
in the House of Commons on Tuesday, 8 April 2014.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance (No.2) Bill.
Type
Proceeding contribution
Reference
579 c197 
Session
2013-14
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2014-04-14 14:59:15 +0100
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