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 Wes Streeting Wes Streeting Labour, Ilford North 5:16 pm, 12th November 2018

What the Financial Secretary has neglected to mention but the Treasury Committee has heard clearly is that in respect of the long-run impact of the tax and benefit changes under this Government since 2015 alone—putting the coalition to one side—it is clear that their successive policies have left the wealthy better off and the very poorest worse off. That is deeply regressive and unjustifiable and it is why the Bill should not be supported.