Oral Answers to Questions Debate

Full Debate: Read Full Debate
Department: HM Treasury

Kwasi Kwarteng

Main Page: Kwasi Kwarteng (Conservative - Spelthorne)

Department Debates - View all Kwasi Kwarteng's debates with the HM Treasury


Prayers

Oral Answers to Questions

Kwasi Kwarteng Excerpts

Stephen Lawrence
Tuesday 24th April 2012

(12 years, 7 months ago)

Commons Chamber
Share Debate
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Kwasi Kwarteng Portrait Kwasi Kwarteng (Spelthorne) (Con)
- Hansard -
-

To what extent does the Minister believe that having the top rate of tax in the G20 helps British competitiveness?

David Gauke Portrait Mr Gauke
- Hansard -
- - Excerpts

It clearly does not. It is striking that, as the HMRC report showed, the number of UK citizens moving to Switzerland rose by 29% when the 50p rate was introduced. It does nothing for our competitiveness. It does nothing to raise money. It was a failure of a policy.

Return to start of debate - Return to top of page