text_body: --- DIVISION TITLE ---
  
  Finance Bill - Clause 1 - Report on Effect of Setting Additional Rate of Income Tax at 50 Percent
  
  --- MOTION EFFECT ---
  
  @ MP voted aye to require a report on the effect of setting the additional rate of income tax at 50 per cent.
  @ MP voted no against requiring a report on the effect of setting the additional rate of income tax at 50 per cent.
  
  The majority of MPs voted against requiring a report on the effect of setting the additional rate of income tax at 50 per cent.
  
  MPs were considering the Finance Bill[1].
  
  The proposed amendment rejected in this vote was:
  
  :amendment 1, page 2, line 1, at end insertâ
  
  :â(3) The Chancellor of the Exchequer shall, within three months of the passing of this Act, publish a report on the impact of setting the additional rate of income tax at 50 per cent.
  
  :(4) The report must estimate the impact of setting the additional rate for 2015-16 at 45 per cent and at 50 per cent on the amount of income tax currently paid by someone with a taxable income ofâ
  
  :(a) Â£150,000 per year; and
  
  :(b) Â£1,000,000 per year.â
  
  
  ==
  
  * [1] [http://services.parliament.uk/bills/2014-15/financeno2.html Parliament's webpage on the Finance (No.2) Bill 2015 (now an Act)]
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  