Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Tobias Ellwood Excerpts
Tuesday 21st December 2010

(13 years, 11 months ago)

Commons Chamber
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Mike Freer Portrait Mike Freer (Finchley and Golders Green) (Con)
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6. What estimate he made of the effect on public finances of the introduction of a graduate tax.

Tobias Ellwood Portrait Mr Tobias Ellwood (Bournemouth East) (Con)
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14. What estimate he made of the effect on public finances of the introduction of a graduate tax.

George Osborne Portrait The Chancellor of the Exchequer (Mr George Osborne)
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A graduate tax would add billions of pounds to the budget deficit. That is just one reason why anyone in government, Labour, Conservative or Liberal Democrat, who has ever looked at the facts has concluded that a graduate tax is unworkable, unfair and unaffordable.