text_body: --- DIVISION TITLE ---
  
  Finance Bill - Second Reading
  
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  The majority of MPs voted for the Finance Bill[1] to be read a second time ie. for it to continue on its path towards becoming law. The bill contained the changes to the tax system, as well as provisions relating to pensions and MPs expenses, which had been announced in the coalition's emergency budget[2][3].
  
  Those supporting a second reading were voting in support of the changes to the rates of Capital Gains Tax and Value Added Tax (VAT), and other measures, which had been announced in the budget. 
  
  The Bill included a provision to raise VAT from 17.5% to 20%.
  
  This division occurred at around 2am following nine and a half hours of debate. 
  
  * [1] [http://www.publications.parliament.uk/pa/cm201011/cmbills/003/11003.i-ii.html#top Finance Bill - Text as of 2nd reading debate in the House of Commons on 06.07.2010]
  * [2] [http://www.theyworkforyou.com/debate/?id=2010-06-22a.166.2 George Osborne, Chancellor of the Exchequer, House of Commons Emergency Budget Speech 22 June 2010]. 
  * [3] [http://www.hm-treasury.gov.uk/junebudget_documents.htm June 2010 Budget Documents]
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  