Oral Answers to Questions Debate

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Department: HM Treasury
Tuesday 29th April 2014

(10 years, 6 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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My hon. Friend is right. The reality is that this Government are raising more from the richest. We are doing it in a more effective and efficient way, and the 50p rate failed on its own terms.

Ian Murray Portrait Ian Murray (Edinburgh South) (Lab)
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Will the Minister tell the House and the country today that his Government rule out any more substantial tax cuts for the richest before the next general election?

David Gauke Portrait Mr Gauke
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What this Government will do is continue to stick to a long-term economic plan that ensures that we are competitive, that we reduce the deficit and that we put in place the conditions for sustainable growth.