Clause 1
Finance Bill
11:00 am
Jeremy Browne (Shadow Chief Secretary To the Treasury, Treasury; Taunton, Liberal Democrat)
I am sorry, that intervention was preposterous. If we followed the argument made by the Scottish National party, and 99 per cent. of the population were basic-rate taxpayers, everybody in the country would be in a state of euphoria because their relief would be so high that they would be extremely prosperous at 65—they would just be impoverished before then. My party’s policy is crystal clear and everyone needs to pay attention because it will be a policy embraced by their parties in a matter of years.