Baroness Kramer
Main Page: Baroness Kramer (Liberal Democrat - Life peer)(12 years, 9 months ago)
Lords ChamberRead Full debate Read Hansard Text
Baroness Wilcox
I agree that Wales needs attention; that is why we are having this new piece of work done to find the very best way forward. I hope that by next year, the Silk commission will have come back with good suggestions for Wales.
Baroness Kramer
My Lords, I understand the budgetary framework, but does my noble friend agree that staying within that envelope but moving faster towards the target of raising the starting rate of tax to £10,000 would provide a boost to consumer confidence and demand that would stimulate business and growth more rapidly?
Baroness Wilcox
My noble friend is very brave. As she will remember, the Government's plan for growth is to create the most competitive tax system in the G20, and that is the path we are on.