Loan Charge

Part of Brunei – in the House of Commons at 1:07 pm on 4th April 2019.

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Photo of David Davis David Davis Conservative, Haltemprice and Howden 1:07 pm, 4th April 2019

It is a pleasure to follow Nic Dakin, who is a near neighbour of mine. He and I represent seats in the north of England that are not full of city slickers and billionaires avoiding taxes with expensive lawyers. I pay tribute to the APPG for the work it has done on this, representing constituents up and down the country who have suffered dreadfully under this arrangement.

US Supreme Court Judge Marshall once said,

“the power to tax involves the power to destroy”.

This, I am afraid, is a good example of that—a tax policy that is destroying families, homes, mental health and even lives.