Graham P Jones
Main Page: Graham P Jones (Labour - Hyndburn)Department Debates - View all Graham P Jones's debates with the Cabinet Office
(11 years, 10 months ago)
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Graham Jones (Hyndburn) (Lab)
Q15. The Prime Minister has run away from the question whether he will personally benefit from the millionaires’ tax cut. It is a simple question: when the top rate of tax is cut from 50p to 45p, will he personally benefit?
The Prime Minister
The top rate of tax under this Government will be higher than in any year under his party’s Government. That is the change that we are bringing about. When they introduced the 50p rate, they lost £7 billion in tax revenue. They are not only socialists but incompetent socialists to boot.