The Economy

Part of the debate – in the House of Commons at 9:34 am on 12 March 1993.

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Photo of Geoffrey Clifton-Brown Geoffrey Clifton-Brown , Cirencester and Tewkesbury 9:34, 12 March 1993

When the top marginal rate of tax was reduced from 60 to 40 per cent. the total tax take from that group of income earners increased. Under the hon. Lady's system, she would have difficulty raising the kind of money that she seeks.