Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Christopher Pincher Excerpts
Tuesday 11th March 2014

(10 years, 7 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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The hon. Gentleman should put an end to the petty party politics and focus on the facts. He talks about the richest 1%, but the richest 1% are paying almost 30% of total income tax, which is the highest share ever. The richest 5% are paying almost 50% of total income tax. The only way this country will recover from Labour’s great recession is if we stick to our long-term economic plan, which is delivering for all.

Christopher Pincher Portrait Christopher Pincher (Tamworth) (Con)
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Is not creating more jobs the best way to help the lowest paid? Of the 200 businesses I have polled in my constituency, 83% say that they are optimistic about the future and want to expand to create more jobs. Would not the best way to help them be to lower their taxation so that they can create those job opportunities?

Sajid Javid Portrait Sajid Javid
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Of course my hon. Friend is right; the best way for anyone to raise their living standards is through having an economy that creates more paid employment. That is why we should welcome the fact that more than 1.3 million jobs have been added to our economy over the past four years.