James Murray
Main Page: James Murray (Labour (Co-op) - Ealing North)Department Debates - View all James Murray's debates with the HM Treasury
(7 months, 2 weeks ago)
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James Murray (Ealing North) (Lab/Co-op)
The Conservatives’ decisions in this Parliament mean that the average family will face a tax bill that is £870 a year higher, and pensioner taxpayers will pay £960 a year more. The director of the Institute for Fiscal Studies said:
“This remains a Parliament of record tax rises.”
Higher taxes, squeezed living standards and weaker public services—that is the Conservatives’ legacy. Does the Minister understand why the country has lost confidence in them?
Nigel Huddleston
Many people in this country remember the abysmal economic performance of the last Labour Government. The tax-free allowance was £6,475; it is now £12,570. More than 1.5 million people have been taken out of paying income tax altogether. The Government have a focus: now that the economy is turning, we want to put more money into people’s pockets. That is exactly what we are doing with the national insurance cuts and other measures, and I am surprised that the hon. Gentleman does not welcome that.