Finance (No. 3) Bill Debate

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Department: HM Treasury
3rd reading: House of Commons & Report stage: House of Commons
Tuesday 8th January 2019

(5 years, 3 months ago)

Commons Chamber
Read Full debate Finance Act 2019 View all Finance Act 2019 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Consideration of Bill Amendments as at 8 January 2019 - (8 Jan 2019)
Vicky Ford Portrait Vicky Ford
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Absolutely. That is exactly the point: absolute poverty is now at record lows. That also has an impact on children—my hon. Friend made that point— because the number of children living in workless homes has fallen to the lowest level since records started.

Maria Caulfield Portrait Maria Caulfield (Lewes) (Con)
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Would not the situation for working families be even worse under a Labour Government, with the proposal announced at the Labour party conference of £500 billion of public spending, which would mean a doubling of VAT, a doubling of national insurance, a doubling of income tax and a doubling of council tax? They are not my words, but those of a Labour MP, the hon. Member for Nottingham East (Mr Leslie).

Vicky Ford Portrait Vicky Ford
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I thank my hon. Friend for that precise contribution. I cannot understand why the Labour party has voted against increases to the level at which people start to pay tax, because helping people to keep more of their earnings in their own pockets is fundamental to increasing house ownership and to building a fairer economy.