Paradise Papers Debate

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Department: HM Treasury

Paradise Papers

Andrew Bridgen Excerpts
Monday 6th November 2017

(6 years, 5 months ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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The hon. Gentleman overlooks a simple fact: this country has one of the most progressive tax systems in the world, with the wealthiest 1% of income tax payers paying no less than 28% of all income tax. As I mentioned earlier, £2.8 billion has been raised from the wealthy who may have been trying to avoid paying their tax. That is a far stronger record than that of the Labour party.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Does my right hon. Friend agree that by far the biggest threat to UK tax revenues is the run on the pound and the flight of capital predicted by the Labour party should it ever get into government?