Income Tax

Part of Oral Answers to Questions — Treasury – in the House of Commons at 11:30 am on 10 September 2013.

Alert me about debates like this

Photo of David Gauke David Gauke The Exchequer Secretary 11:30, 10 September 2013

I would hope that the hon. Gentleman said in response that in the 2012 Budget we saw increases in stamp duty on high-value properties and a clampdown on tax allowances and reliefs for the wealthiest, all of which raised far more from the wealthiest than the 50p rate, which was failing to raise revenue.