Finance Bill

Part of the debate – in the House of Commons at 5:15 pm on 6th July 2010.

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Photo of John Redwood John Redwood Conservative, Wokingham 5:15 pm, 6th July 2010

Can the right hon. Gentleman explain why putting VAT up by 2.5% before the recession was scarcely over, as the Labour party did in government, was a good idea and did not destabilise the recovery, but putting it up another 2.5% to pay all the previous Government's bills, which Labour still will not tell us how it will pay for, is a bad idea?

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