Even Norman Tebbit agrees with Lib Dem tax policy!
February 25, 2010 11:30 AM
Originally published by East of England Liberal Democrats
Originally published by East of England Liberal Democrats
In a debate on pay restraint, Baroness Williams of Crosby asked;
"Does the Minister agree that a tax system that falls very heavily on the lowest paid, who in this country start paying taxation before their income reaches even £10,000 a year, is not helpful in trying to achieve pay restraint, and that a system which allows so many people to place their money in offshore havens is not conducive to pay restraint?"
Whilst Lord Myners was unwilling to properly address the question on behalf of the Government, Lord Tebbit was keen to press home the point, asking;
"Can the Minister turn his attention back to the question asked by the noble Baroness, Lady Williams? Is it not true that at the bottom of the stack, in that crucial area where total income is between about £5,000 and £10,000 a year, those who seek to get away from benefits and back into work suffer higher rates of loss of their money through tax, national insurance and benefit loss than any of the wealthy are prepared to pay, even under this Government?"
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