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Finance (No. 3) Bill

Part of the debate – in the House of Commons at 5:16 pm on 12th November 2018.

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Photo of Charlie Elphicke Charlie Elphicke Independent, Dover 5:16 pm, 12th November 2018

I thank my right hon. Friend for making that important point. Does it not underline the fact that if we cut the rate, we up the take? Does it not also show that Labour’s plans would result in reduced revenues, meaning more spending, more borrowing and more debt, which would take us back to the brink once again?