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 Gordon Brown Gordon Brown The Chancellor of the Exchequer 10:30 am, 29th March 2007

I said in my Budget statement that the same amount of money—£1 billion—spent on raising personal tax allowances would have made that low-paid worker 70p a week better off, but that as a result of what we have done, that worker is £7 a week better off. I hope that at some point the Liberals, who perhaps take a greater interest in these issues than the Conservatives, will come around to our view that the best way to help those in the lowest income groups in our society is through child and working tax credits. That is the way that we are taking people out of poverty.