TAX RELIEF CAP

Early day motion 296, tabled 30 November 2009 by Harry Cohen (Labour). Signed by 34 members.

That this House supports the proposal of the Trades Union Congress (TUC) that the amount of tax relief that can be claimed by those earning more than £100,000 a year be capped at £5,000; notes that this would raise £10 billion a year; further notes the recent TUC analysis which revealed that just 3.1 per cent. of the taxpayer population receive 31 per cent. of all tax relief, averaging £18,750 a year each; and considers that this tax relief cap on the better off is a fairer way to reduce the deficit than cuts in public services or tax rises affecting poorer households.

Signatures by party: Labour 29, Independent 2, Liberal Democrat 1, Scottish National Party 1, Social Democratic and Labour Party 1.