Finance (No. 2) Bill

Part of Bill Presented – in the House of Commons at 5:32 pm on 1st April 2014.

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Photo of Jacob Rees-Mogg Jacob Rees-Mogg Conservative, North East Somerset 5:32 pm, 1st April 2014

The hon. Gentleman must bear it in mind that nobody gains more than the £700 and that in the early stages the higher rate taxpayers were not included in the increase in the lower rate threshold. It was clawed back from them, so what he says about MPs is actually not correct.