Budget Resolutions and Economic Situation

Part of the debate – in the House of Commons at 12:00 am on 20th April 1970.

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Photo of Mr Jack Diamond Mr Jack Diamond , Gloucester 12:00 am, 20th April 1970

Is is nonsense to suggest that we can put labels on each individual taxpayer, out of 25 million. The point is that there are 2 million people who would otherwise have been paying tax this year freed from payment. Although a small proportion of the allowance was due to them because of the reduction in the real value of the personal allowance the vast majority was an increase in their real living standards.

The other point which the right hon. Gentleman made, and I was glad to hear him make it, was that the main omission from the Budget was anything to reduce child poverty. I was delighted to hear him making that point because I thought, "At all events, here is a conversion. We can make progress this way".