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Income Tax (Charge)

Part of the debate – in the House of Commons at 12:50 pm on 12th March 2020.

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Photo of Bim Afolami Bim Afolami Conservative, Hitchin and Harpenden 12:50 pm, 12th March 2020

I agree with much of what the right hon. Gentleman says, but does that not show—because this is such a new phenomenon and such a new difficulty, and every country is struggling to find a policy response to it—that we may not have used the right tools? What the Treasury, the Bank of England and all our international partners are now having to do is to figure out what the right tools are, and we have to work together to try to figure that out.