Finance Bill

Part of the debate – in the House of Commons at 2:44 pm on 12th September 2017.

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Photo of Peter Dowd Peter Dowd Shadow Chief Secretary to the Treasury 2:44 pm, 12th September 2017

It depends on the nature of the order, so let us move on.

I come to the future economic credibility of the country, where we have David the deluded, Boris the blunderer and Liam the loner—what a team! They would be out of their depth in a puddle. Regrettably, the importance of the Ways and Means resolutions and the Finance Bill has been somewhat overshadowed by the Brexit debate, notwithstanding its significance. That has given the Government a collateral opportunity to sneak the Finance Bill through while everybody else’s attention is elsewhere. That is a murky approach to the respect that should be afforded to Parliament, but this caliginous Government are bent on pursuing it, come what may. The Chancellor, who has now gone, doubtless to check his spreadsheets, commented from a sedentary position last week that the Ways and Means resolutions were just “technical”. There is nothing technical about aiding and abetting non-doms to avoid paying taxes. There is nothing technical about legislating to tax those who have been injured on grounds of discrimination.

Let us consider the following:

“the economy we have today is creating neither prosperity nor justice.”

Those are not my words but the words of the Institute for Public Policy Research in its recent publication “Time for Change”.