New Clause 14 — Report on the additional rate of income tax

Part of Finance Bill – in the House of Commons at 2:00 pm on 1st July 2014.

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Photo of Graeme Morrice Graeme Morrice Labour, Livingston 2:00 pm, 1st July 2014

The right hon. Gentleman said earlier that if the top rate of tax was too high people would leave—I presume he meant that they would leave the country. How many rich people have returned to the country as a result of the top rate being reduced from 50p to 45p?