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Capital Gains Tax (Rates)

Part of the debate – in the House of Commons at 1:14 pm on 23rd June 2010.

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Photo of Huw Irranca-Davies Huw Irranca-Davies Shadow Minister (Marine and Natural Environment) 1:14 pm, 23rd June 2010

I do not doubt the right hon. Gentleman's motives during his journey over the years and the past few weeks, but does he give credence to the fact that there is an alternative that could minimise the risk to his communities and mine? It is not to do with rejecting an agenda of cuts, efficiencies or reprioritisation; it is to do with timing. It is not just me saying that, or the "dupes" on the Labour Benches. Paul Krugman, "Danny" Blanchflower, Will Hutton and many other economists are saying, "Minimise the risk; just delay, and make the decisions at the right time."

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