Income Tax: Top Rate — Question

Part of the debate – in the House of Lords am 2:37 pm ar 16 Mawrth 2015.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Razzall Lord Razzall Democratiaid Rhyddfrydol 2:37, 16 Mawrth 2015

My Lords, following up on the question from the noble Lord, Lord Kinnock, does the Minister accept that a by-product of the much welcomed coalition pressure on banks and other organisations in the City to reduce bonuses, which I assume is welcomed by the Labour Party, has been a reduction in tax revenues?