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Capital Gains Tax (Rates)

Part of the debate – in the House of Commons at 3:19 pm on 23rd June 2010.

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Photo of Owen Smith Owen Smith Labour, Pontypridd 3:19 pm, 23rd June 2010

Does the hon. Gentleman think it a minor omission that, although the Conservatives' manifesto said that they would not increase VAT, they have done exactly that and introduced an enormous, £13 billion tax? There was no mention of that before, so should we trust their manifestos in future?

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