Orders of the Day — Finance Bill

Part of the debate – in the House of Commons at 12:00 am on 3rd May 1976.

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Photo of Mr David Mitchell Mr David Mitchell , Basingstoke 12:00 am, 3rd May 1976

Is it not a fact that the situation that the hon. Member has described is brought about by over high levels of taxation on such people, and that the answer is to shift taxation from earnings to taxation on spending?