Taxes

Part of Oral Answers to Questions — Treasury – in the House of Commons at 10:30 am on 29th March 2007.

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Photo of Vincent Cable Vincent Cable Shadow Chancellor of the Exchequer, Liberal Democrat Spokesperson (Treasury) 10:30 am, 29th March 2007

As the Chancellor prides himself on being socially progressive, can he explain why the biggest beneficiaries of his tax changes are extremely rich pensioners and the biggest losers are households of single men or women, or childless couples, on very low incomes? Does that suggest that as he becomes Prime Minister, he will abandon the progressive consensus in favour of the Blair-Cameron alternative?