Andrew Selous
Main Page: Andrew Selous (Conservative - South West Bedfordshire)Department Debates - View all Andrew Selous's debates with the HM Treasury
(13 years, 11 months ago)
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Andrew Selous (South West Bedfordshire) (Con)
Does the Chancellor agree that, in addition to getting the banks to lend more to business, we should be focusing on getting the maximum sustainable tax take from banks? That involves concentrating on the tax take, not just tax rates—a mistake that the Opposition often make.
Mr Osborne
Absolutely. What we want is the maximum sustainable tax revenue—that is the objective of this Government—and, indeed, to get the maximum sustainable lending into the British economy. We are trying to link the two in a settlement. I have no idea what the Labour party is proposing, but this is the sensible way forward.