Clause 9
Finance Bill
5:30 pm
Justine Greening (Shadow Minister, Treasury; Putney, Conservative)
The Minister said that she felt that alcohol was becoming more affordable so this was a good mechanism to increase tax and help deal with child poverty. Did she do any analysis of the group of taxpayers who will end up paying more tax when it is passed on in prices compared to the people to whom she is likely to be giving the money back in tax credits? It may well be that they are one and the same. Has the Treasury done any analysis of the net effect?