Stamp Duty (Temporary Provisions) Bill

Part of the debate – in the House of Commons at 10:19 pm on 20th January 1992.

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Photo of Francis Maude Francis Maude The Financial Secretary to the Treasury 10:19 pm, 20th January 1992

The hon. Gentleman knows that the burden of taxation on present taxpayers rose in the first two years of this Government because the last Labour Government had spread the burden of taxation on to the next generation. We had to unmortgage the country's future, and since then the burden of taxation has steadily fallen.