Corporation Tax — Other Rates and Fractions

Part of Orders of the Day — Finance Bill – in the House of Commons at 12:00 am on 17 July 1974.

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Photo of Mr Joel Barnett Mr Joel Barnett , Heywood and Royton 12:00, 17 July 1974

It would have been a little more honest of the Opposition, when they are increasing the money supply and reducing taxation in the way that they are, to have made a passing reference to what they would suggest should be done to compensate for it. We have not heard a word about that from the Opposition. This is a very important point, and I am fascinated to know whether the hon. Member for Guildford (Mr. Howell) will now tell us how he would suggest—