(11 years, 2 months ago)
Commons ChamberI would hope that the hon. Gentleman said in response that in the 2012 Budget we saw increases in stamp duty on high-value properties and a clampdown on tax allowances and reliefs for the wealthiest, all of which raised far more from the wealthiest than the 50p rate, which was failing to raise revenue.
T1. If he will make a statement on his departmental responsibilities.