Amendment of the Law

Part of Budget Resolutions and Economic Situation – in the House of Commons at 7:42 pm on 10th March 1992.

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Photo of Nick Brown Nick Brown Shadow Deputy Leader of the House of Commons 7:42 pm, 10th March 1992

The hon. Gentleman is misrepresenting our policy. The top rate of taxation will not go up from the present 40 per cent. band. We intend to introduce a new 50 per cent. band that will affect those earning substantially more than £30,000. The hon. Gentleman should not misrepresent our policy.