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Emma Reynolds Excerpts
Monday 28th March 2011

(13 years, 1 month ago)

Commons Chamber
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Emma Reynolds Portrait Emma Reynolds (Wolverhampton North East) (Lab)
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Will pensioners be worse off or better off should income tax and national insurance be combined?

Steve Webb Portrait Steve Webb
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Obviously, this idea is at a very preparatory stage, but my right hon. Friend the Chancellor has made it clear that pensioners will not simply face an increase in overall tax as would be the case if the two tax rates were simply added together. The idea is in its very early stages, a lot of preparatory and consultative work is going on, and I am sure that the Chancellor is entirely mindful of the points that the hon. Lady raises.