All 1 Debates between Ed Balls and Lord Harrington of Watford

Thu 17th May 2012

Jobs and Growth

Debate between Ed Balls and Lord Harrington of Watford
Thursday 17th May 2012

(12 years, 5 months ago)

Commons Chamber
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Ed Balls Portrait Ed Balls
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I do not think that introducing a 75p tax rate in Britain would be the right thing to do at all. That is not our policy, but I do not think that cutting the top rate from 50p to 45p will be good for jobs, growth or fairness either.

Lord Harrington of Watford Portrait Richard Harrington (Watford) (Con)
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I am listening with some perplexity to how the shadow Chancellor referred to the Budget as one for rich people, because I have calculated that in my Watford constituency, nearly 4,000 people have been taken completely out of tax by the increase in the personal allowance. I am sure that the right hon. Gentleman will join me in congratulating the Chancellor on such an excellent measure.