Jonathan Evans
Main Page: Jonathan Evans (Conservative - Cardiff North)Department Debates - View all Jonathan Evans's debates with the Wales Office
(11 years ago)
Commons ChamberIt is indeed contemplated that further borrowing powers will be conferred on the Assembly Government, although that will depend very much on the income stream that is available to fund that. Certainly, if there were a positive vote in the referendum on income tax, there would be that much more scope. As far as the M4 is concerned, negotiations between the Treasury and the Welsh Government are already well under way to work out the detail of how those powers will be applied.
Today is truly an historic day, and it is great to hear these announcements from a Conservative Secretary of State. Given Her Majesty’s Revenue and Customs’ recent assessment that the average per capita tax take in Wales is 25% less than in the UK as a whole, the only appropriate movement for income tax in Wales must surely be downwards.
I agree entirely with my hon. Friend. I repeat that the difference between Labour and the Conservatives is that we are ambitious for Wales, whereas Labour seems to think that Wales should be a supplicant nation for ever more. The best way to increase the economic success of Wales is to ensure that it has a competitive edge, and I believe, as does my hon. Friend, that that purpose will be best served by reducing the rate of tax.