If the Minister was listening to my speech, he would know that I am asking for a report to give us a better idea of what this measure will raise—including all the data to hand from the additional years in which the rate was in place but not included in the 2011 HMRC report. All I can say to him on the figures is that the only certain figure we have is the £3 billion static cost. I accept that behavioural change will bring that down and decrease the yield, but neither he nor I can say, with hands on our holy books, that we know the exact number. That explains what I have asked for in the amendment. I believe this could be a revenue-raising measure to get the deficit down in a fairer way. The extent to which we can do that is the thrust of my amendment.
Finance (No. 2) Bill
Proceeding contribution from
Shabana Mahmood
(Labour)
in the House of Commons on Wednesday, 25 March 2015.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance (No. 2) Bill.
Type
Proceeding contribution
Reference
594 c1507 
Session
2014-15
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2015-04-08 17:56:19 +0100
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