Oral Answers to Questions

Stella Creasy Excerpts

Tuesday 10th September 2013 Commons Chamber

[Kerry McCarthy (Bristol East) (Lab)]

2. What recent assessment he has made of the effect of fiscal policy on family incomes.

[Stella Creasy (Walthamstow) (Lab/Co-op)]

8. What recent assessment he has made of the effect of fiscal policy on family incomes.

[Pat Glass (North West Durham) (Lab)]

10. What recent assessment he has made of the effect of fiscal policy on family incomes.

--- Later in debate ---

[Sajid Javid]

I must say that if the hon. Lady is genuinely interested in the challenges that families face, she should recognise the causes: Labour’s recession, the deepest in our post-war history; Labour’s record budget deficit, the deepest in our post-war history; and Labour’s bank bail-outs, the largest the world has ever seen.

[Stella Creasy]

With working families’ incomes on average 1,500 quid down and millionaires taking tax cuts, does the Minister really think that we are all in this together?

[Sajid Javid]

As the hon. Lady has already heard, all millionaires will be paying a higher tax rate under this Government than they did for the whole 13 years that the Labour party was in power. She should also welcome the tax cut we provided for the lowest income families, 25 million people, with 2.7 million taken out of taxation altogether. I note that the Labour party has recently talked about reintroducing the 10p tax rate, which they abolished. Well, I have news for it: all those people are now paying a 0% tax rate on that income.