I could not agree more. That is the point that I want to make. It is a principle of basic economics. My hon. Friend the Member for Louth and Horncastle (Victoria Atkins) referred to her A-level economics. She will be familiar with the Laffer curve and basic economics, which say that higher taxes do not necessarily lead to higher tax revenues because they reduce the tax base.
Finance (No. 2) Bill
Proceeding contribution from
Suella Braverman
(Conservative)
in the House of Commons on Tuesday, 18 April 2017.
It occurred during Debate on bills on Finance (No. 2) Bill.
Type
Proceeding contribution
Reference
624 c628
Session
2016-17
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2017-06-05 15:00:10 +0100
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