text_body: --- DIVISION TITLE ---
  
  Orders of the Day - Finance Bill
  
  --- MOTION EFFECT ---
  
  
  <p>The majority of MPs voted against an amendment that would have prevented the Finance Bill 2007 from being read a second time.</p>
  
  <p>The amendment argued against giving the <a href="http://www.theyworkforyou.com/glossary/?gl=249">Bill</a> a <a href="http://www.theyworkforyou.com/glossary/?gl=24">Second Reading</a> because:</p>
  
  <blockquote>"it fails to equip the UK to compete in the globalised world economy in the face of ever increasing competition from countries such as China and India, penalises small companies with higher tax rates and a more complicated tax system, hits freelance workers with more tax bureaucracy and uncertainty, involves yet further instability and U-turns on pensions policy and does nothing to tackle the UK's worsening pensions crisis, gives HM Revenue and Customs intrusive and disproportionate new powers of investigation, misses the opportunity to provide effective mechanisms for tackling climate change, fails to reform the UK tax law after years of erosion of its competitiveness, and fails to reverse the massive increase in complexity and instability which the Chancellor has inflicted on the tax system of the UK."</blockquote>
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  