National Insurance Contributions Bill
11:00 am
Jeremy Browne (Shadow Minister, Home Affairs; Taunton, Liberal Democrat)
Was one option that was considered a halfway house whereby you would have gone halfway towards making the measure revenue-neutral—funding a 1p rather than a 2p cut in the basic rate—or was that considered less politically dramatic than the 2p cut? Or was the attraction that of having 20p and 40p as the two simple thresholds on the basis that both are divisible by 10, rather than 21p and 40p?