division_name: Finance Bill (Ways and Means) &#8212; New Clause 9 &#8212; Lower rate of tax and mansion tax
motion: <p class="" pid="a.646.0/1" pwmotiontext="yes">I beg to move, That the clause be read a Second time.</p>
  
  <p class="" pid="a.646.0/2" pwmotiontext="yes">New clause 9 calls for the Chancellor of the Exchequer, within six months of Royal Assent to the Finance Act, to lay before Parliament proposals for an income tax rate of 10% on a band of income above the personal allowance. The range of income to be covered by that 10% rate should be determined by the Exchequer yield from a mansion tax&#8212;a Liberal Democrat proposal that I used to think the Liberal Democrats stood four-square behind. Perhaps in a moment those Liberal Democrats who remain in the Chamber&#8212;they are diminishing in number&#8212;will tell us a little about where they stand on the issue.</p>
  
  <p pid="a.673.2/1" pwmotiontext="yes"><i>Question put,</i> That the clause be read a Second time.</p>
  
  <p class="italic" pid="a.673.2/2" pwmotiontext="yes">The House divided:</p>
  
  <p pid="a.673.2/3" pwmotiontext="yes">Ayes 226, Noes 281.</p>