Taxation

Treasury written question – answered on 14th June 2005.

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Photo of Sir David Amess Sir David Amess Conservative, Southend West

To ask the Chancellor of the Exchequer what assessment he has made of the effect of the level of taxation on the state of the economy.

Photo of John Healey John Healey The Financial Secretary to the Treasury

The Government's macro-economic framework has consistently delivered stability with strong growth and low inflation, thus establishing a track record that has been internationally acknowledged. The Government's approach to taxation balances the need to finance better quality public services, deliver fairness and promote sustainable development while ensuring that the UK benefits from the advantages of being a lightly taxed economy.

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