Steve Witherden
Main Page: Steve Witherden (Labour - Montgomeryshire and Glyndwr)Department Debates - View all Steve Witherden's debates with the HM Treasury
(1 day, 10 hours ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Rachel Reeves
In April, people will get £150 off their energy bills and prescription charges in England will be frozen as will rail fares. At the same time, we are getting rid of the two-child benefit cap, which will lift 450,000 children out of poverty, but the most important thing we can do for the price of petrol, diesel and heating oil is de-escalate the conflict in the middle east and get vessels moving again through the strait of Hormuz. That is why this Government are putting such efforts into de-escalating this crisis.
Steve Witherden (Montgomeryshire and Glyndŵr) (Lab)
The level of poverty that 14 million people in the UK face is not inevitable; it is the result of political choices, and it damages our economy, costing around £75 billion each year. Will my right hon. Friend consider equalising capital gains tax with income tax and introducing a 2% wealth tax on assets over £10 million to lift people out of poverty and strengthen public finances?