Labour Taxation Plans

EDM number 549 in 1991-92, proposed by Peter Bottomley on 23/01/1992.

That this House is alarmed that Labour's declared taxation plans taken together would hit about four million people, including many people in the South on not much more than average earnings; notes that the Leader of the Labour Party refuses to confirm that such plans would be phased in, and that in other European Community countries there are usually caps on social security contributions, and that where this is not the case higher benefits are payable; notes that Labour's national insurance plans would savage the family budgets of those on middle incomes, badly damage the housing market but not involve any extra benefits for the higher payments made; and further notes that as a result Britain would lose tens of thousands of its ablest people abroad ensuring that this country returned to and stayed in the European slow lane.

This motion has been signed by a total of 33 MPs.