Owen Smith
Main Page: Owen Smith (Labour - Pontypridd)Department Debates - View all Owen Smith's debates with the Cabinet Office
(12 years ago)
Commons ChamberCould the Secretary of State tell us exactly how many households will see their modest incomes cut as a result of the reductions in tax benefits and other social security benefits that he voted for last week?
There was no answer there from the Secretary of State, as usual. Let me tell him the answer. There is no excuse for his not knowing, because his own income assessment makes it clear that 400,000 households—a third of all households in Wales—will lose out as a result of these changes. Let us contrast that with the 4,000 households—that is 4,000 versus 400,000—that will get a tax break as a result of the millionaires’ tax cut. That ratio of 100:1 tells us everything we need to know about this Government. The 99% pay while the 1% profit. Let me be clear: Labour will continue to speak for the 99%; the Secretary of State can speak for the 1%.
As a consequence of the measures taken by this Government, 1.1 million taxpayers in Wales are paying less tax, while 109,000 taxpayers in Wales are now paying no tax at all. That is what we are doing for hard-working people, and I am appalled that the hon. Gentleman sees fit not to support them.