Amendment of the Law

Part of Budget Resolutions and Economic Situation – in the House of Commons at 6:28 pm on 10th March 1992.

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Photo of Sir Ray Whitney Sir Ray Whitney , Wycombe 6:28 pm, 10th March 1992

The hon. Gentleman misunderstood me. I said that it was a demonstrated fact that lower rates of income tax produced a higher tax take. I said nothing about indirect taxation.