Lord Hanson of Flint
Main Page: Lord Hanson of Flint (Labour - Life peer)Department Debates - View all Lord Hanson of Flint's debates with the HM Treasury
(14 years, 1 month ago)
Commons ChamberI think that most people on the minimum wage would be shocked to hear that the amount of income tax that they pay every year is less than what the average taxpayer pays in debt interest. The best thing that we can do to help not just people on lower incomes, but all people, whether in or out of work, is to get our economy back on track. That means tackling the fiscal deficit, starting to bear down on waste in public services and also reforming public services, so that the money that we spend—money that taxpayers have provided to Government to provide public services—is spent effectively on delivering high-quality public services that they can use.
The choices that this Government have made on VAT increases, on cuts in child tax credit, on reducing maternity grant and on other public service cuts will hit the poorest people in the community the hardest. Will the Minister now publish in full the distribution analysis for the Budget, so that we can see the impact that it will have on the poorest in society, and see the difference that a Labour Government have made in comparison with this Conservative Government?
The right hon. Gentleman clearly has not read the Red Book. I think that pages 66 and 67 show the distribution analysis in cash terms and as a percentage of income. We do not need to take any lectures from members of a Government who widened the gap between rich and poor.