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Mortgage Interest Payments

Part of Orders of the Day — Finance Bill – in the House of Commons at 7:45 pm on 15th July 1997.

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Photo of Tim Boswell Tim Boswell Shadow Spokesperson (Business, Innovation and Skills), Shadow Spokesperson (Business, Innovation and Skills), Shadow Spokesperson (Trade and Industry) 7:45 pm, 15th July 1997

The hon. Gentleman is presenting an interesting argument, and he has just made an interesting assertion. He suggested that the Prime Minister and the Government were the friends of the home owner. I recall the Financial Secretary to the Treasury saying the other day that she regarded the Government as the friend of pensioners. Is there some propensity among Labour Members to take the maximum amount of damage as an indication of how kind one is to people? If so, would it not have been better to increase taxes by twice as much? The Government could then have helped everyone even more.