Part of Finance (No. 2) Bill – in the House of Commons at 5:00 pm on 21st February 2018.

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Photo of Rachel Maclean Rachel Maclean Conservative, Redditch 5:00 pm, 21st February 2018

My hon. Friend is right. The spectre of the Laffer curve raises its head yet again, but it is a fact that lowering the tax rate increases the tax take. That is a fact that we have observed time and time again, and it has benefited our economy.