Clause 3 — Rate of value added tax

Part of Bill Presented — Shared Parenting Orders Bill – in the House of Commons at 7:00 pm on 13th July 2010.

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Photo of John Redwood John Redwood Conservative, Wokingham 7:00 pm, 13th July 2010

Has my hon. Friend heard any explanation from Opposition Members as to why raising VAT from 15% to 17.5% was a brilliant policy, but raising it from 17.5% to 20% is a disastrous policy? I do not quite understand the distinction they are making.