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Clause 3 — Abolition of starting and savings rates and creation of starting rate for savings

Part of Orders of the Day – in the House of Commons at 9:00 pm on 28th April 2008.

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Photo of Frank Field Frank Field Labour, Birkenhead 9:00 pm, 28th April 2008

No doubt, but I still long to see a simplified tax system that abolishes all allowances other than the personal allowances and that gets the standard rate way below 15 per cent. and heading to 10 per cent. for us all. That would send out the most powerful message; indeed, I offer that proposal to the Opposition, who like to say that they will be radical. If they start sniffing at that one, I am sure that those on the Treasury Bench will become more interested in it.

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