I know the hon. Member said that it would be fiscally irresponsible to increase debt, but is he aware that the interest cost of debt per year has gone down by £14 billion because of historically low interest rates? Therefore, at this particular window in time, as we are coming out of a pandemic, would it not be better not to tax jobs?
Health and Social Care Levy Bill
Proceeding contribution from
Geraint Davies
(Labour)
in the House of Commons on Tuesday, 14 September 2021.
It occurred during Debate on bills on Health and Social Care Levy Bill.
Type
Proceeding contribution
Reference
700 c880
Session
2021-22
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2021-09-17 15:31:52 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2021-09-14/21091495000066
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