10p tax rate debated in Parliament

Bravura performance by Jeremy Browne! The Finance Bill Second Reading in the Commons today was mainly of note because of the ruck over Gordon Brown’s abolition of the 10p rate of tax. Much predictable hand-wringing on the Labour benches by MPs who had not even noticed that the least able to afford it were going to be done over by last year’s Budget. But have to say that Jeremy just enjoyed himself rotten – and I would say that despite Labour and Tories being the butt of the majority of his speech. He was so funny and witty that all sides could not help but laugh – even at their own expense. You’ll have to read in Hansard if you’re keen when it’s up tomorrow.

UPDATE: You can read highlights of Jeremy’s speech here.