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Amendment of the Law

Part of the debate – in the House of Commons at 1:57 pm on 20th March 2014.

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Photo of Vincent Cable Vincent Cable The Secretary of State for Business, Innovation and Skills 1:57 pm, 20th March 2014

I listened carefully to what was said, and I thought that there was an acknowledgement of the position of the people on the top-rate threshold. This is a modest increase, but there is a recognition that marginal rates of tax are beginning to bite on middle earners, and I think that that issue is now being addressed.